Rde, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
June 11, 2021 at 05:28 pm EDT
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RDE, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 2.645 million. Operating loss was USD 4.684 million compared to USD 1.676 million a year ago. Net loss was USD 3.775 million compared to USD 13.982 million a year ago. Basic loss per share was USD 0.61 compared to USD 4.69 a year ago. Basic loss per share from continuing operations was USD 1.08 compared to USD 0.96 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.