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Stock impact report

Hour Loop Reports First Quarter of 2025 Results

Hour Loop, Inc. (HOUR) 
Company Research Source: GlobeNewswire
Profitability Continues Despite Challenges for the Overall Economy Redmond, WA, May 12, 2025 (GLOBE NEWSWIRE) -- Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial and operational results for the quarter ended March 31, 2025. Financial Highlights for First Quarter of 2025: Net revenues increased 4.7% to $25.8 million, compared to $24.7 million in the year-ago period;Net income decreased to $0.7 million, compared to $1.1 million for the three months ended March 31, 2024; andCash used in operating activities was $0.02 million, compared with cash provided by operating activities $0.5 million for the three months ended March 31, 2025 and 2024, respectively. Management Commentary “We are pleased to report our results for the first quarter of 2025. During the first quarter of 2025, we continued to deliver good revenue growth, despite a more cautious consumer outlook due to rising tariffs and fees charged by the marketplace,” said Sam Lai, Show less Read more
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