Kestrel Group Ltd Reports Q3 Revenue Decline of 72.6% and GAAP EPS Loss of $2.09
Kestrel Group Ltd (NASDAQ: KG) has released its third-quarter financial results, reporting a significant year-over-year revenue contraction. The company's revenue fell to $4.8 million, representing a 72.6% decrease compared to the same period last year. The company also reported a GAAP earnings per share (EPS) loss of $2.09 for the quarter. Despite these negative financial metrics, Kestrel Group Ltd shares saw an increase of 4.50% in after-hours trading following the announcement.
Tickers: $KG
Topics: earnings GAAP EPS revenue decline
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