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Serve Robotics erased its Grubhub rally in a single session after a shocking guidance cut spooked investors, but the company insists robot delivery demand is accelerating even as its biggest delivery partner quietly backs away.
LAS VEGAS (AP) — Richtech Robotics (RR) on Wednesday reported a loss of $8.4 million in its fiscal first quarter. On a per-share basis, the Las Vegas-based company said it had a loss of 4 cents. The developer of robotic technologies posted revenue of $1.1 million in the period.
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