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Shares of Mohawk Gr Hldgs (NASDAQ:MWK) fell in after-market trading after the company reported Q4 results.
Quarterly Results
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Earnings per share were up 68.87% over the past year to ($0.33), which missed the estimate of ($0.31).
Revenue of $41,492,000 rose by 61.86% from the same period last year, which beat the estimate of $38,850,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
The upcoming fiscal year's revenue expected to be between $350,000,000 and $380,000,000.
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Date: Mar 08, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/a29nekbd
Price Action
Company's 52-week high was at $48.99
Company's 52-week low was at $1.42
Price action over last quarter: Up 310.24%
Company Profile
Mohawk Group Holdings Inc is a technology-enabled consumer products company. Its product categories include home and kitchen appliances, kitchenware, environmental appliances (dehumidifiers and air conditioners), beauty related products and, consumer electronics. It has various owned and operated brands: hOmeLabs, Vremi, Xtava, and RIF6. The company generates revenue through the online sales of various consumer products that are sold online.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.