Enservco Reports Revenue For The First Two Months Of 2024 Coming In 15% Higher Than Last Year; Reveals Recent Dismissal Of Class Action Litigation
Portfolio Pulse from Benzinga Newsdesk
Enservco reported a 15% increase in revenue for the first two months of 2024 compared to the previous year. Additionally, the company announced the dismissal of a class action lawsuit by the U.S. District Court for the District of Colorado.
March 11, 2024 | 10:47 am
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Enservco's revenue increased by 15% in the first two months of 2024, and a class action lawsuit against the company was dismissed.
The 15% increase in revenue indicates strong financial performance and growth, which is likely to positively influence investor sentiment and stock price. The dismissal of the class action lawsuit removes a significant legal overhang and potential financial liability, further boosting investor confidence and potentially the stock price.
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