Mogo Q3 Assets Under Management Rise 22%, Revenue Falls

MT Newswires Live11-07

Mogo (MOGO) reported Friday that its Q3 assets under management rose 22% year over year to 498 million Canadian dollars ($353 million).

Total revenue for the quarter ended Sept. 30 was CA$16.9 million, down from CA$17.7 million a year earlier.

One analyst polled by FactSet expected CA$16.1 million.

Mogo shares were 5.9% lower in premarket trading

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