Freightos (CRGO) reported record Q2 revenue of $7.7M and narrowed its adjusted EBITDA loss to $2.0M. The company reiterated its plan to reach adjusted EBITDA breakeven in Q4 2026, indicating improving operating leverage. Overall, the update is modestly positive for the stock given the loss reduction and maintained longer-term milestone.
Freightos (CRGO) reported record Q2 revenue of $7.7M and narrowed its adjusted EBITDA loss to $2.0M. The company reiterated its plan to reach adjusted EBITDA breakeven in Q4 2026, indicating improving operating leverage. Overall, the update is modestly positive for the stock given the loss reduction and maintained longer-term milestone.
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mildly positive
Sentiment Score
0.15
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