Netcapital Q1 EPS $(0.07) Vs. $0.02 Prior Year, Sales $1.52M Vs. $1.34M Last Year
Portfolio Pulse from Benzinga Newsdesk
Netcapital (NASDAQ:NCPL) reported Q1 losses of $(0.07) per share, a 450% decrease from $0.02 per share last year. However, the company's quarterly sales increased by 13.35% to $1.52 million from $1.34 million the same period last year.
September 14, 2023 | 9:06 pm
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NEGATIVE IMPACT
Netcapital's Q1 earnings report shows a significant decrease in EPS but an increase in sales compared to the same period last year.
The significant decrease in earnings per share (EPS) indicates a decline in profitability, which could negatively impact the stock price. However, the increase in sales could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100