Soluna Holdings Q4 EPS $(7.68) Up From $(42.00) YoY, Sales $10.12M Up From $4.18M YoY
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings (NASDAQ:SLNH) reported a significant improvement in its Q4 earnings with a loss per share of $(7.68), up from $(42.00) YoY. Sales also saw a substantial increase to $10.12M from $4.18M YoY.
April 02, 2024 | 12:02 pm
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Soluna Holdings reported a significant reduction in losses per share to $(7.68) from $(42.00) YoY and a substantial increase in sales to $10.12M from $4.18M YoY in Q4.
The significant improvement in both earnings per share and sales indicates a strong positive momentum for Soluna Holdings. The reduction in losses and increase in sales are likely to be viewed positively by investors, potentially leading to a short-term uptick in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100