SHF Hldgs Q1 EPS $0.04 Up From $(0.06) YoY, Sales $4.05M Down From $4.18M YoY
Portfolio Pulse from Benzinga Newsdesk
SHF Holdings (NASDAQ:SHFS) reported a Q1 EPS of $0.04, up from a loss of $(0.06) YoY, with sales of $4.05M, a decrease from $4.18M YoY.
May 13, 2024 | 8:09 pm
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SHF Holdings reported a significant improvement in EPS to $0.04 from a loss of $(0.06) YoY, despite a slight decrease in sales to $4.05M from $4.18M YoY.
The significant improvement in EPS indicates a strong turnaround in profitability, which is likely to be viewed positively by investors. However, the slight decrease in sales suggests that revenue growth is still a challenge, potentially moderating the positive impact on the stock price. The net effect is expected to be positive in the short term due to the emphasis investors place on earnings growth.
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