Veru (NASDAQ:VERU) reported quarterly losses of $(0.51) per share which missed the analyst consensus estimate of $(0.30) by 70 percent. This is a 920 percent decrease over losses of $(0.05) per share from the same period last year. The company reported $2.59 million in sales this quarter. This is a 83.45 percent decrease over sales of $15.65 million the same period last year.
Disney Reportedly Pulls Plug On Metaverse Dreams Amid Harsh Reality Of Cost-Cuts
Walt Disney Co. (NYSE: DIS) has pulled the plug on one of its units engaged in developing metaverse strategies, as part of its plan to reduce headcount.
