Spruce Power Holding Q3 2023 Adj EPS $(0.07) Up From $(0.72) YoY, Sales $23.25M Up From $8.36M YoY
Portfolio Pulse from saritha@benzinga.com
Spruce Power Holding (NYSE:SPRU) reported Q3 2023 adjusted EPS of $(0.07), a 90.28% increase from $(0.72) YoY. The company's sales also increased by 178.11% to $23.25M from $8.36M YoY.
November 09, 2023 | 10:11 pm
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POSITIVE IMPACT
Spruce Power Holding reported a significant improvement in its Q3 2023 earnings with a 90.28% increase in EPS and a 178.11% increase in sales YoY.
The significant improvement in both EPS and sales YoY indicates a strong financial performance by Spruce Power Holding. This is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100