FORT LEE, N.J. (AP) _ Creatd Inc. (CRTD) on Monday reported a loss of $6.6 million in its first quarter.
The Fort Lee, New Jersey-based company said it had a loss of 68 cents per share. Losses, adjusted for non-recurring costs, were 42 cents per share.
The company posted revenue of $743,900 in the period. Its adjusted revenue was $744,000.
For the current quarter ending in July, Creatd said it expects revenue in the range of $1 million to $1.2 million.
The company expects full-year revenue in the range of $5 million to $7 million.
In the final minutes of trading on Monday, the company's shares hit $2.99. A year ago, they were trading at $9.69.
The Associated Press