RDE, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 29, 2022 at 04:09 pm EDT
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RDE, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 1.81 million compared to USD 0.788776 million a year ago. Net loss was USD 0.19359 million compared to USD 2.31 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.19 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.19 a year ago.
For the six months, sales was USD 2.57 million compared to USD 1.6 million a year ago. Net income was USD 0.078491 million compared to net loss of USD 3.44 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.29 a year ago.
RDE, Inc. owns and operates Restaurant.com. Restaurant.com is a pioneer in the restaurant deal space and the nationâs restaurant-focused digital deals brand. Its Specials by Restaurant.com division bundles Restaurant.com Gift Cards with a variety of other entertainment options, including theater, movies, live events, attractions and wine. Restaurant.com, Specials by Restaurant.com and its Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. The Companyâs divisions include the Business to Customer, the Business to Business and all other services and products divisions. Through its websites, www.restaurant.com, www.specials.restaurant.com, and mobile iOS and Android apps, it provides affordable dining and entertainment experiences. Its CardCash.com platform enables consumers to sell gift cards and purchase the ones they want.