Soluna Holdings Q2 EPS $(0.34) Up From $(1.11) YoY, Sales $2.07M Down From $8.68M YoY
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings (NASDAQ:SLNH) reported Q2 losses of $(0.34) per share, a 69.37% improvement from $(1.11) per share YoY. However, sales decreased by 76.16% to $2.07M from $8.68M YoY.

August 14, 2023 | 9:46 pm
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Soluna Holdings reported improved Q2 losses but significantly lower sales YoY.
While Soluna Holdings has managed to reduce its losses YoY, the significant decrease in sales could be a concern for investors, potentially leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100