Digital Brands Group Q3 EPS $(14.55), Sales $3.26M Up From $2.66M YoY
Portfolio Pulse from Benzinga Newsdesk
Digital Brands Group (NASDAQ:DBGI) reported a Q3 loss of $(14.55) per share with sales of $3.26M, a 22.51% increase from $2.66M in the same period last year.
November 14, 2023 | 10:34 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Digital Brands Group reported a significant quarterly loss but showed an increase in sales compared to last year.
While the increase in sales indicates growth, the substantial loss per share may concern investors. The mixed results could lead to a neutral short-term impact on the stock price as the market digests both the positive and negative aspects of the report.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100