Sprott Q1 2024 GAAP EPS $0.45 Up From $0.30 YoY, Sales $37.088M Up From $34.309M YoY
Portfolio Pulse from Benzinga Newsdesk
Sprott Inc. (SII) reported a significant increase in its Q1 2024 earnings, with a GAAP EPS of $0.45, up 50% from $0.30 YoY. Sales also rose by 8.10% to $37.088M from $34.309M YoY.
May 08, 2024 | 11:13 am
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Sprott Inc. (SII) reported a 50% increase in GAAP EPS to $0.45 and an 8.10% increase in sales to $37.088M for Q1 2024, compared to the same period last year.
The significant increase in both earnings per share and sales indicates a strong financial performance for Sprott Inc. in Q1 2024. This positive earnings report is likely to instill investor confidence and could lead to a short-term uptick in SII's stock price, given the better-than-expected growth figures.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100