Unusual Machines reports Q1 results

Published 2 months ago Negative
Unusual Machines reports Q1 results
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* Unusual Machines, Inc. press release [https://api.mziq.com/mzfilemanager/v2/d/dc42d320-9904-4869-bdff-a5da8e276025/36461f8d-905c-8372-fb0e-7ee9cd356949?origin=1] (NYSE:UMAC [https://seekingalpha.com/symbol/UMAC]): Q1 sales totaled approximately $2.05 compared to pro forma revenue of $1.2 million for the three months ended March 31, 2024.
* Gross margin for the first quarter was approximately 24%, which was impacted by the increase in tariffs.
* Net loss attributable to common shareholders for the first quarter 2025 was approximately $3.3 million or $0.21 per share as compared to a net loss of approximately $1.1 million for the first quarter 2024 or $0.18 per share.

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