CEA Industries Q3 2023 EPS $(0.10) Up From $(0.13) YoY, Revenue $914K Down From $1.064M YoY
Portfolio Pulse from Benzinga Newsdesk
CEA Industries reported a Q3 2023 EPS of $(0.10), an improvement from $(0.13) year-over-year. However, revenue declined to $914K from $1.064M in the same period last year.

November 14, 2023 | 10:18 pm
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NEUTRAL IMPACT
CEA Industries reported a smaller loss per share in Q3 2023 compared to the previous year, but revenues decreased.
The improvement in EPS suggests that CEA Industries is reducing losses, which could be viewed positively by investors. However, the decline in revenue indicates potential challenges in sales or market demand, which might offset the positive sentiment from the EPS improvement. The mixed results lead to a neutral score, as the market could react in either direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100