Datasea Q2 2024 EPS $(0.72) Up From $(0.80) YoY; Revenue $11.348M Up From $131.459K YoY
Portfolio Pulse from Benzinga Newsdesk
Datasea reported its Q2 2024 earnings with an EPS of $(0.72), an improvement from $(0.80) year-over-year. Revenue significantly increased to $11.348M from $131.459K in the same period last year.

February 13, 2024 | 2:40 pm
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POSITIVE IMPACT
Datasea's Q2 2024 earnings report shows a significant improvement in both EPS and revenue, indicating strong growth.
The improvement in EPS, despite still being negative, shows a reduction in losses year-over-year. The substantial increase in revenue suggests that Datasea is experiencing significant growth in its business operations. This positive financial performance is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100