Sobr Safe Inc is a company focused on enhancing public safety through innovative technology solutions, particularly in the area of alcohol detection and management. The firm develops advanced systems designed to promote responsible drinking and help prevent alcohol-related incidents in various settings, including workplaces and events. By integrating state-of-the-art sensors and software, Sobr Safe aims to create environments that prioritize safety and compliance while enabling organizations to monitor and manage alcohol consumption effectively. Their commitment to community well-being and operational efficiency positions them as a key player in the safety technology sector. Read More
Intrigued by the market activity one hour before the close of the markets on Wednesday? Uncover the key winners and losers of today's session in our insightful analysis.
Stay up-to-date with the latest market trends in the middle of the day on Wednesday. Explore the top gainers and losers during today's session in our detailed report.
The session on Wednesday is off to an intriguing start with several stocks showing significant price gaps. Let's examine the gap up and gap down stocks in today's session.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
SOBRsafe (NASDAQ: SOBR), a leader in next-generation alcohol detection technology, reported strong results for the first quarter ended March 31, 2025, with revenue increasing 80.5% year-over-year to $86.6K and gross margin improving to 58.8%. Net loss narrowed to $1.9 million from $2.5 million a year ago, driven by increased software subscriptions and SOBRsure(TM) device sales. Software subscription revenue, now 53.8% of total revenue, more than doubled. The company deployed 148 SOBRsure(TM) devices, a 41% increase from year-end, and strengthened its leadership with key board and advisory additions. SOBRsafe ended the quarter with $10.1 million in cash following $3.3 million in warrant exercises tied to its October 2024 PIPE financing.
After the conclusion of the US market's regular session on Thursday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
DENVER, CO / ACCESS Newswire / May 22, 2025 / SOBR Safe, Inc. (Nasdaq:SOBR) ("SOBRsafe" or the "Company"), the leader in next-generation alcohol monitoring and detection technology, is reporting financial and operating results for the first quarter ended March 31, 2025.
