Zomato misses Q4 profit, shares dip 4.2%

By  
Artur Stańczuk
May 25, 2024
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Summary:

Zomato missed profit estimates with $20.96M in Q4, below the expected $22.5M. Expenses rose nearly 50%, causing shares to dip 4.2%. Revenue from operations jumped 73% to $426.6M, beating estimates.

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