Draganfly Q4 EPS $(0.07) Up From $(0.36) YoY, Sales $673.24K Down From $978.40K YoY
Portfolio Pulse from dijoy@benzinga.com
Draganfly Inc. (DPRO) reported a Q4 EPS of $(0.07), an improvement from $(0.36) YoY. However, sales decreased to $673.24K from $978.40K YoY, marking a 31.19% decline.
March 27, 2024 | 9:07 pm
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Draganfly Inc. (DPRO) reported a Q4 EPS of $(0.07), improving from $(0.36) YoY, but sales fell to $673.24K from $978.40K YoY.
The improvement in EPS indicates a positive direction in reducing losses, which could be seen favorably by investors. However, the significant drop in sales year-over-year might raise concerns about the company's growth trajectory and demand for its products. The mixed results present a neutral outlook in the short term as investors weigh the improved loss per share against the declining sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100