Freight technologies, inc. preliminary q1 2023 revenue 11% below q1 2022

- updates 2023 revenue guidance to $25-$30 million– houston, may 12, 2023 (globe newswire) -- freight technologies, inc. (nasdaq: frgt) (“fr8tech”), a technology company offering its custom-developed fr8app, an industry-leading freight-matching platform powered by ai and machine-learning that offers a real-time portal for b2b cross-border and domestic shipping within the usmca region, today reports first quarter 2023 revenue for the quarter ended march 31, 2023. fr8tech reported preliminary revenue of $3.3 million for q1 2023, down from a strong $5.3 million for q1 prior year 2022.
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