Update: Xanadu Shares Fall After Q1 Loss Widens
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Xanadu (XNDU) shares fell over 7% after reporting a wider Q1 loss of $0.28 per diluted share, compared to a loss of $0.22 a year earlier. Revenue increased to $2.8 million from $0.7 million, but fell short of analysts' expectations of $1.1 million.
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