NuZee Reports FY23 EPS $(11.95) Up From $(21.32) YoY, Revenue $3.3M Up From $3.1M YoY
Portfolio Pulse from Benzinga Newsdesk
NuZee, Inc. reported its fiscal year 2023 earnings per share (EPS) at $(11.95), an improvement from the previous year's $(21.32). The company also saw a slight increase in revenue, rising from $3.1 million in the prior year to $3.3 million.
January 17, 2024 | 1:38 pm
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NuZee, Inc. reported improved earnings and a slight revenue increase for fiscal year 2023, indicating a potential positive trajectory for the company.
The improvement in EPS from $(21.32) to $(11.95) suggests that NuZee is moving in a positive direction, which could be well-received by investors. The increase in revenue, although modest, further supports the notion of growth and may contribute to a positive short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100