EXCLUSIVE: Janover Inc. Reports Q3 Revenues Of $583,785, Up 11% YoY; EPS $(0.17) vs $(0.04) YoY
Portfolio Pulse from Benzinga Newsdesk
Janover Inc. reported an 11% increase in Q3 revenues year-over-year, totaling $583,785. However, earnings per share (EPS) declined, with a loss of $(0.17) compared to a loss of $(0.04) in the same period last year.
November 14, 2023 | 1:16 pm
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Janover Inc. experienced revenue growth but a larger EPS loss in Q3 compared to last year. Revenue is up 11% YoY, but EPS worsened to $(0.17) from $(0.04).
The increase in revenue indicates growth, which is positive for the company. However, the significant drop in EPS is a concern for profitability and may lead to a negative short-term impact on the stock price. Investors typically prioritize earnings over revenue, and a larger loss per share could overshadow the revenue gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100