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GlobeNewsWire
5 months ago
Hour Loop Reports First Quarter of 2025 Results
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; and Cash 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.