Algorhythm (RIME) to Release Quarterly Earnings on Wednesday

Algorhythm (NASDAQ:RIME) is expected to be releasing its Q1 2025 earnings data before the market opens on Wednesday, May 21st. Analysts expect Algorhythm to post earnings of $4.00 per share and revenue of $13.00 million for the quarter.

Algorhythm Trading Down 3.7%

Shares of NASDAQ RIME opened at $2.59 on Tuesday. The firm has a fifty day moving average of $2.42 and a 200 day moving average of $14.62. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.87 and a quick ratio of 0.43. Algorhythm has a one year low of $1.71 and a one year high of $157.22.

Algorhythm Company Profile

Algorhythm Holdings, Inc, together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; microphone and accessories, and portable Bluetooth microphones under the Party Machine brand; music entertainment singing machines for children under the brand Singing Machine Kids; connected vehicle karaoke devices; and karaoke music subscription services for the iOS and Android platforms, as well as a web-based download store and integrated streaming services for hardware.