AlTi Global Q4 EPS $(0.87) Down From $(0.21) YoY, Sales $91.71M
Portfolio Pulse from Happy Mohamed
AlTi Global (NASDAQ:ALTI) reported a significant increase in its quarterly losses to $(0.87) per share from $(0.21) per share YoY, with sales amounting to $91.71M.
March 15, 2024 | 8:10 pm
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AlTi Global reported a substantial increase in quarterly losses, with a decrease in earnings per share from $(0.21) to $(0.87) year-over-year, while sales were $91.71 million.
The significant increase in losses reported by AlTi Global is likely to negatively impact investor sentiment and the stock price in the short term. The sharp decline in earnings per share, despite reporting sales, indicates operational or market challenges that could concern investors.
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