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Algorhythm Holdings Reports Second Quarter 2025 Financial Results
Fort Lauderdale, FL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology holding company, announced today its results of operations for the second quarter ended June 30, 2025. Second Quarter Financial Highlights: Revenues increased to $2.7 million in the second quarter of 2025 compared to $2.4 million in the same period last year.Gross profit margin increased to 35.1% in the second quarter of 2025 from 13.3% in the same period of the prior Aug 20, 2025 - $RIME
Algorhythm Holdings to Announce its Financial Results for the Second Quarter 2025
Fort Lauderdale, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm Holdings” or the “Company”) (NASDAQ: RIME), an AI technology holding company, today announced that it will release its second quarter 2025 earnings today, Tuesday August 19, 2025 after market close. Management will host a conference call tomorrow, Wednesday, August 20, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesda Aug 19, 2025 - $RIME
SemiCab Partners with RoaDo to Drive Revenue Growth and Expand Carrier Fleet Access
New Strategic Partnership Unlocks Expanded Carrier Network Through RoaDo Integration Fort Lauderdale, FL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading AI logistics provider, today announced that its subsidiary SemiCab Holdings, LLC (“SemiCab”) has entered into a strategic partnership with Hicetane Logistics Innovations Pvt. Ltd., an India-based shipping technology company operating under the brand RoaDo. RoaDo provides an innovative e-commerce-style opera Aug 13, 2025 - $RIME
Algorhythm Completes $4.5 Million Sale of Singing Machine Karaoke Business
Accelerated SemiCab Momentum Fuels Capital Shift Toward Growth Fort Lauderdale, FL, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), a leading AI technology and consumer electronics holding company, announced today that it has sold its Singing Machine karaoke consumer electronics business to Stingray (“Stingray”), an industry leader in music and video content distribution, business services, and advertising solutions. Under the terms of the deal, Stingra Aug 4, 2025 - $RIME
SemiCab Wins Expanded Contract with Kellanova India for Transportation Services in India
New Expansion Makes SemiCab a Top Five Provider of Transportation Services to Kellanova India Fort Lauderdale, FL, July 29, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has been awarded a large expansion to its Master Services Agreement with Kellanova India, one of the largest fast-moving consumer packaged goods pr Jul 29, 2025 - $RIME
$2 Billion Revenue CPG Company Awards SemiCab India New Pilot to Implement Drop & Hook Trucking Model
Company Announces Geographic Expansion of Lanes and Pilot of Drop & Hook Program in Indian FMCG Sector for the First Time Fort Lauderdale, FL, June 04, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has been awarded a large expansion to its Master Services Agreement with the Indian subsidiary of the world’s third lar Jun 4, 2025 - $RIME
SemiCab Secures Four New Contract Wins and Four Contract Expansions, Accelerating Revenue Outlook
Fort Lauderdale, FL, June 03, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced that its subsidiary, SMCB Solutions Private Limited (“SemiCab India”), has recently signed four new pilot agreements and four contract expansions with eight enterprise-scale customers in India. Under the new and expanded contracts, SemiCab India will provide enterprise-level shipping services through its Jun 3, 2025 - $RIME
Algorhythm Holdings Appoints Ajesh Kapoor to its Board of Directors
Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Compa May 20, 2025 - $RIME
Algorhythm Holdings Reports First Quarter 2025 Financial Results
Fort Lauderdale, FL, May 16, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company, announced today its results of operations for the three-month period ended March 31, 2025. Q1 2025 Financial Highlights Algorhythm reported revenue of $2.0 million for the three months ended March 31, 2025 compared to $2.4 million for the three months ended March 31, 2024. Gross profit margin increased by 4.4% to 25.1% from 20. May 16, 2025 - $RIME
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