NetworkNewsBreaks – Mohawk Group Holdings Inc. (
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Posted On: 04/15/2021 4:01:17 PM
NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Achieves Significant Growth, Including 62.3% YOY Revenue Increase
Mohawk Group (NASDAQ: MWK), a technology-enabled consumer products company that uses machine learning, natural language processing and data analytics to design, develop, market and sell products, has announced significant growth on multiple fronts with the release of its Q4 and full-year 2020 results. Some of the notable highlights, documented in an article about the company, include increases in the full-year and fourth-quarter net revenue by 62.3% and 61.9%, respectively. “The full-year net revenue grew to $185.7 million from $114.5 million in the full year 2019. The fourth-quarter net revenue grew to $41.5 million from $25.6 million in the fourth quarter of 2019.” Mohawk’s operating loss improved, as well. “Full-year operating loss of $(34.
million improved from $(54.3) million in 2019.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Mohawk Group (NASDAQ: MWK), a technology-enabled consumer products company that uses machine learning, natural language processing and data analytics to design, develop, market and sell products, has announced significant growth on multiple fronts with the release of its Q4 and full-year 2020 results. Some of the notable highlights, documented in an article about the company, include increases in the full-year and fourth-quarter net revenue by 62.3% and 61.9%, respectively. “The full-year net revenue grew to $185.7 million from $114.5 million in the full year 2019. The fourth-quarter net revenue grew to $41.5 million from $25.6 million in the fourth quarter of 2019.” Mohawk’s operating loss improved, as well. “Full-year operating loss of $(34.
million improved from $(54.3) million in 2019.” Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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