Stocks in play: Pivotree Inc.
Reported financial results for the three-month period ended September 30, 2022. Total Revenue of $24.6 million, an increase of 53.7% or 49% in constant currency. Adjusted for the estimated revenue from acquisitions, organic growth would be 8.5%. Gross profit of $11.0 million, an increase of 55.0% and representing 44.9% of total revenue. Net loss of $3.6 million compared to a net loss of $3.3 million for the prior year period. Pivotree Inc. shares V.PVT are trading up $0.08 at $3.50.
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