Spruce Power Holding Q1 2024 EPS $(0.13) Up From $(1.06) YoY; Revenue $18.287M Up From $18.095M YoY
Portfolio Pulse from Benzinga Newsdesk
Spruce Power Holding reported its Q1 2024 earnings per share (EPS) of $(0.13), an improvement from $(1.06) year-over-year. The company's revenue increased to $18.287 million from $18.095 million year-over-year.
May 15, 2024 | 8:39 pm
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POSITIVE IMPACT
Spruce Power Holding's Q1 2024 EPS improved significantly to $(0.13) from $(1.06) YoY, and revenue saw a slight increase to $18.287 million from $18.095 million YoY.
The significant improvement in EPS from $(1.06) to $(0.13) indicates better profitability, which is a positive signal for investors. The slight increase in revenue also supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100