Avalon Holdings Q1 2024 EPS $(0.25) Up From $(0.43) YoY; Revenue $18.9M Up From $18.4M YoY
Portfolio Pulse from Benzinga Newsdesk
Avalon Holdings reported its Q1 2024 earnings with an EPS of $(0.25), an improvement from $(0.43) year-over-year. Revenue increased to $18.9M from $18.4M in the same period.
May 08, 2024 | 10:27 pm
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Avalon Holdings reported a narrower loss in Q1 2024 with EPS improving to $(0.25) from $(0.43) YoY, and a slight increase in revenue to $18.9M from $18.4M.
The improvement in EPS and revenue for Avalon Holdings suggests a positive trajectory for the company's financial health. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100