KULR Technology Group Stock Tumbles On Q1 Earnings, Company Plans To ‘Turbocharge’ Bitcoin Acquisition Strategy
Posted On May 15, 2025
KULR Technology Group Inc (AMEX:KULR) shares are falling in Thursday’s after-hours session after the company reported worse-than-expected results for the first quarter.
Q1 Earnings: KULR Technology reported first-quarter revenue of $2.45 million, missing estimates of $2.85 million, according to Benzinga Pro. The company said total revenue increased 40% year-over-year as product sales jumped 88.7%.
KULR Technology reported a first-quarter loss of seven cents per share, …