Stabilis Solutions Q1 EPS $0.08 Up From $0.06 YoY, Sales $19.77M Down From $26.84M YoY
Portfolio Pulse from Benzinga Newsdesk
Stabilis Solutions (NASDAQ:SLNG) reported a Q1 EPS of $0.08, up 33.33% from $0.06 YoY, but sales fell 26.35% to $19.77M from $26.84M YoY.
May 07, 2024 | 9:27 pm
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Stabilis Solutions reported a Q1 EPS increase to $0.08 from $0.06 YoY, but a significant sales decrease to $19.77M from $26.84M YoY.
The increase in EPS indicates improved profitability, which is positive for investors. However, the significant decrease in sales could raise concerns about the company's growth prospects and market demand for its products or services. The mixed financial results make the short-term stock price direction uncertain, as investors weigh the positive earnings against the negative sales performance.
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