Gaxos.ai Inc.
(NASDAQ:GXAI) shares are trending on Wednesday night.
Shares of the New Jersey-based technology company jumped 66.57% to $1.45 in after-hours trading on Wednesday after it reported second-quarter results, with earnings per share of $0.02 topping the analyst estimate of -$0.15 by 113.3%.
Gaxos.ai announced the results on Wednesday for the three and six months ended on Jun. 30.
Revenue Beat Estimate The company posted consolidated revenue of $2.46 million, a record, beating the expected $1.75 million by 40.4%.
