Global Mofy Metaverse FY23 EPS $0.26 Up From $(0.01) YoY; Revenue $26.9M Up From $17.2M YoY
Portfolio Pulse from Benzinga Newsdesk
Global Mofy Metaverse (GMM) reported a significant increase in FY23 earnings per share (EPS) to $0.26, up from a loss of $(0.01) in the previous year. Revenue also saw a substantial rise to $26.9 million, up from $17.2 million year-over-year.
January 31, 2024 | 1:50 pm
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Global Mofy Metaverse reported a strong financial performance for FY23 with a positive EPS of $0.26, recovering from a loss, and a significant increase in revenue to $26.9 million.
The substantial improvement in both EPS and revenue indicates a strong financial turnaround for Global Mofy Metaverse, which is likely to be viewed positively by investors. The shift from a loss to a profit in EPS, along with a significant revenue increase, suggests operational efficiency and growth, which could lead to a positive short-term impact on the stock price.
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RELEVANCE 100