Kodiak AI's Q3 Revenue Climbs 285.7% to $2.97 Million
Photo: TokenPost
Kodiak AI Inc. (KDK) generated $2.97 million in third-quarter revenue, a 285.7% increase from a year earlier that came in $500,000 above estimates. The company’s GAAP loss was 9 cents per share, 16 cents better than estimates. Kodiak recorded $27.4 million in net income, compared with a $269.9 million net loss in the year-earlier quarter. The current-quarter result included a $78.2 million gain tied to changes in the fair value of common stock. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
