Guardforce AI Co FY EPS $(4.53) Up From $(14.97) YoY, Sales $36.28M Up From $33.97M YoY
Portfolio Pulse from Benzinga Newsdesk
Guardforce AI Co (NASDAQ:GFAI) reported a significant improvement in its fiscal year earnings, with losses narrowing to $(4.53) per share from $(14.97) YoY. Sales also increased to $36.28M from $33.97M YoY, marking a 6.82% growth.
April 29, 2024 | 1:09 pm
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Guardforce AI Co reported a significant reduction in annual losses and an increase in sales, indicating a positive trend in its financial performance.
The substantial decrease in losses and the increase in sales for Guardforce AI Co suggest a strong improvement in the company's financial health, which is likely to positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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