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Serve Robotics Inc. (SERV) Reports Q2 Loss, Beats Revenue Estimates

Serve Robotics Inc. (SERV) came out with a quarterly loss of 0.36pershareversustheZacksConsensusEstimateofalossof0.36 per share versus the Zacks Consensus Estimate of a loss of 0.23. This compares to a loss of 0.27pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof56.520.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -56.52%. A quarter ago, it was expected that this company would post a loss of 0.21 per share when it actually produced a loss of $0.16, delivering a surprise of +23.81%.Over the last four quarters, the company has ...