Why Rezolve AI Stock Jumped 25% Wednesday Morning
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Shares of Rezolve AI (NASDAQ: RZLV) soared sky-high on Wednesday morning, boosted by a strong earnings report. The big gains didn't last long, though. After peaking at a 25.1% overnight jump just after the opening bell, Rezolve AI's stock fell back to a milder 2.8% gain by 1:15 p.m. ET.Rezolve AI's sales skyrocketed to $6.3 million in the first half of fiscal year 2025, far above the $1.2 million reported in the same period of 2024. On the bottom line, unadjusted net losses increased from $0.09 to $0.25 per share.Investors shrugged off the deeply unprofitable net income line to focus on Rezolve AI's surging sales instead. The company added more support for that approach when it unveiled a $90 million total of annual recurring revenue (ARR) year-to-date. Guidance targets set the year-end ARR expectation to "at least $150 million," with room for upside surprises.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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