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Resolute Holdings Management (NASDAQ:RHLD) Posts Quarterly Earnings Results

Key Points

  • Resolute Holdings Management reported a quarterly loss of ($0.07) earnings per share (EPS) with a revenue of $119.59 million.
  • The company’s stock price increased by 17.4%, trading at $48.84 after the earnings announcement.
  • Resolute Holdings Management was incorporated in 2024 and operates as an alternative asset management platform based in New York.
  • MarketBeat previews the top five stocks to own by October 1st.

Resolute Holdings Management (NASDAQ:RHLD - Get Free Report) issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.07) earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $119.59 million during the quarter.

Resolute Holdings Management Stock Performance

Shares of RHLD stock traded up $0.22 during mid-day trading on Thursday, hitting $58.90. 78,526 shares of the stock were exchanged, compared to its average volume of 53,093. The firm's fifty day moving average price is $39.12. Resolute Holdings Management has a 12-month low of $22.75 and a 12-month high of $69.99. The company has a debt-to-equity ratio of 42.76, a quick ratio of 2.71 and a current ratio of 3.40.

About Resolute Holdings Management

(Get Free Report)

Resolute Holdings Management, Inc operates as an alternative asset management platform company. The company was incorporated in 2024 and is based in New York, New York.

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