NewsMV
The catalyst in focus for $CRGO is a record second-quarter revenue print of $7.7 million, paired with a reiterated target of reaching adjusted EBITDA breakeven at some point in Q4 2026.
Freightos Limited (Nasdaq: CRGO) narrowed its adjusted EBITDA loss to $2 million in the period. The next confirmable milestone is Q3 revenue, with the company guiding $7.7 million to $7.8 million.
The print and what drove it Speaking at a Sidoti conference, recently appointed CEO Pablo Pinillos said platform revenue climbed 90% year over year, while solutions revenue fell 4% to $4.8 million.
Transactions reached 458,000, up 15% from the prior-year period.
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