NextPlat Q1 EPS $(0.08), Same YoY, Sales $17.49M Up From $2.88M YoY
Portfolio Pulse from Benzinga Newsdesk
NextPlat (NASDAQ:NXPL) reported Q1 earnings per share (EPS) of $(0.08), unchanged from the same period last year. However, the company saw a significant increase in sales, reporting $17.49 million, up 508.24% from $2.88 million YoY.
May 15, 2024 | 2:11 pm
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NextPlat reported Q1 EPS of $(0.08), unchanged YoY, but saw a significant increase in sales to $17.49 million, up 508.24% YoY.
While the EPS remained unchanged, the substantial increase in sales indicates strong revenue growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100