Algorhythm Holdings, Inc. Q3 FY2023 Earnings Call

Algorhythm Holdings, Inc. (RIME)

Earnings Call FY2023 Q3 Call date: 2023-11-21 Concluded

Quarter scorecard

Revenue

$15.93M

-6.9% YoY

Diluted EPS

$6.00

-62.5% YoY

Gross margin

23.4%

+0.9 pp YoY

Net income

$97,535

-67.1% YoY

Classic Karaoke Machines $14.64M

Microphones and Accessories $806,000

Kids Youth Electronics $297,000

Music Subscriptions $156,000

Licensed Products $36,000