Draganfly Q2 EPS $(0.12) Down From $0.01 YoY, Sales $1.41M Down From $2.37M YoY
Portfolio Pulse from saritha@benzinga.com
Draganfly (NASDAQ:DPRO) reported Q2 losses of $(0.12) per share, a 1300% decrease from $0.01 per share YoY. Sales also decreased by 40.34% to $1.41 million from $2.37 million YoY.
August 09, 2023 | 8:49 pm
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NEGATIVE IMPACT
Draganfly reported a significant decrease in both earnings and sales for Q2, which could negatively impact investor sentiment.
The significant decrease in both earnings and sales indicates a poor financial performance for Draganfly in Q2. This could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100