SHF Hldgs Q3 EPS $(0.02) Down From $0.06 YoY, Sales $4.33M Up From $2.38M YoY
Portfolio Pulse from Benzinga Newsdesk
SHF Holdings (NASDAQ:SHFS) experienced a decline in earnings per share (EPS) in Q3, reporting a loss of $(0.02) per share compared to a profit of $0.06 per share year-over-year (YoY). However, the company saw a significant increase in sales, with $4.33 million reported this quarter, an 82.13% rise from $2.38 million in the same period last year.
November 14, 2023 | 9:12 pm
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SHF Holdings reported a Q3 loss of $(0.02) per share, down from a profit of $0.06 YoY, but sales increased to $4.33M from $2.38M YoY.
The mixed results with a decrease in EPS and a significant increase in sales could lead to neutral short-term impact on SHFS stock price. Investors may weigh the negative earnings against the positive sales growth, leading to uncertain price movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100