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Aeries Technology Plunges 13% on Earnings Miss
Generated by AI AgentAinvest Pre-Market Radar
Monday, Aug 18, 2025 4:40 am ET1min read
Aime SummaryAeries Technology's stock price plummeted by 13% in pre-market trading on August 18, 2025, marking a significant downturn for the technology company.
Aeries Technology recently reported its quarterly earnings, revealing a loss of $0.03 per share. Despite this, the company's revenue for the quarter ending June 30, 2025, reached $15.3 million, driven by strong demand for its core AI-powered GCC services. This revenue growth indicates that the company's core business remains robust, even as it faces financial challenges.
In addition to its financial performance,
has been actively pursuing strategic partnerships. The company recently announced a collaboration with Fortra to establish GCCs in India and Mexico. This partnership is expected to enhance Aeries Technology's global presence and expand its service offerings, potentially mitigating some of the financial pressures it currently faces.
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