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Algorhythm Q1 2025 Earnings Report

Algorhythm logo
$0.02 0.00 (-8.61%)
As of 02/4/2025 04:00 PM Eastern

Algorhythm EPS Results

Actual EPS
-$0.95
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Algorhythm Revenue Results

Actual Revenue
$2.44 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Algorhythm Announcement Details

Quarter
Q1 2025
Time
N/A

Conference Call Resources

Algorhythm Earnings Headlines

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Algorhythm announces pause on capital raising activities
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About Algorhythm

Algorhythm (NASDAQ:RIME), together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware. The company primarily sells its products to retailers, including national chains, warehouse clubs, department stores, lifestyle merchants, specialty stores, and direct mail catalogs and showrooms. The company was formerly known as The Singing Machine Company, Inc. and changed its name to Algorhythm Holdings, Inc. in September 2024. Algorhythm Holdings, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

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