Algorhythm Holdings shares surge 18.35% intraday after reporting 300% ARR growth to $9.7M and winning new SemiCab contracts in India.
ByAinvest
Wednesday, Jan 14, 2026 9:55 am ET1min read
RIME--
Algorhythm Holdings surged 18.35% intraday, driven by a 300% year-over-year increase in annualized recurring revenue (ARR) to $9.7 million as of December 2025 and SemiCab’s expansion in India, securing five new contracts and seven agreements with a major FMCG company to boost transportation routes and freight volume.
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