Ault Alliance Reports Preliminary Revenue of $36 Million for First Quarter 2024
Ault Alliance, Inc. (AULT)
Company Research
Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), today announced preliminary revenue of $36 million for the first quarter of 2024, the highest first quarter topline results in the Company’s history.The preliminary revenue of $36 million for the first quarter of 2024 excludes $3 million of revenue from the four hotels owned and operated by the Company’s wholly owned subsidiary, Ault Global Real Estate Equities, Inc. (“AGREE”), which in the first quarter of 2024, were considered held for sale and included in discontinued operations. The Company recently announced that it has ended the marketing process for its AGREE hotel properties. As a result, upon the announcement, it was determined that the AGREE assets and liabilities previously presented as assets and liabilities held for sale within the Company’s balance sheet will no longer meet the held for sale criteria and amounts previously presente
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AULT
Sec Filings
- 5/15/24 - Form NT
- 5/8/24 - Form DEF
- 4/30/24 - Form 8-K
- AULT's page on the SEC website