Dropcar (NASDAQ:DCAR) Announces Quarterly Earnings Results

Dropcar (NASDAQ:DCAR) issued its quarterly earnings data on Wednesday. The technology company reported ($0.24) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $1.25 million for the quarter. Dropcar had a negative return on equity of 211.04% and a negative net margin of 122.85%.

DCAR stock traded up $0.04 during mid-day trading on Thursday, hitting $0.78. 29,078 shares of the company were exchanged, compared to its average volume of 60,956. The business has a 50 day simple moving average of $1.03. Dropcar has a 1-year low of $0.60 and a 1-year high of $6.36.

About Dropcar

DropCar, Inc provides app-based automotive logistics and mobility services for consumers and the automotive industry. The company offers Vehicle Support Platform, a cloud-based platform and mobile app that help consumers and automotive-related companies in reducing the cost, hassles, and inefficiencies of owning a car or fleet of cars in urban centers.

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Earnings History for Dropcar (NASDAQ:DCAR)

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