Airship AI Holdings Q1 2024 EPS $(1.40) Down From $(0.08) YoY; Revenue $10.575M Up From $2.938M YoY
Portfolio Pulse from Benzinga Newsdesk
Airship AI Holdings reported a Q1 2024 EPS of $(1.40), a significant decline from $(0.08) year-over-year. However, revenue increased to $10.575 million from $2.938 million year-over-year.
May 15, 2024 | 12:33 pm
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Airship AI Holdings reported a significant decline in Q1 2024 EPS to $(1.40) from $(0.08) year-over-year, but revenue increased substantially to $10.575 million from $2.938 million year-over-year.
The significant decline in EPS indicates potential profitability issues, which could negatively impact investor sentiment. However, the substantial increase in revenue shows strong growth, which could offset some of the negative sentiment. Overall, the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100