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Stocks in play: TERAGO Inc.

Baystreet.ca - Baystreet - Wed May 15, 8:42AM CDT

Reported financial and operating results for the first quarter ended March 31, 2024. Total revenue was consistent at $6.5M for the three months ended March 31, 2024 compared to $6.5M in the same quarter in the prior year period. Net loss for the three months ended March 31, 2024 was $3.5M compared to a net loss of $2.5M in the same period in 2023 due to higher interest costs and restructuring undertaken to further optimize the cost structure. TERAGO Inc. shares T.TGO are trading unchanged at $1.70.

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