374Water Q1 2024 GAAP EPS $(0.02) Down From $(0.01) YoY, Sales $315.278K Down From $801.458K YoY
Portfolio Pulse from Benzinga Newsdesk
374Water (NASDAQ:SCWO) reported a significant decline in its Q1 2024 financial performance, with GAAP EPS of $(0.02) down from $(0.01) YoY and sales of $315.278K down from $801.458K YoY.

May 16, 2024 | 7:04 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
374Water reported a significant decline in its Q1 2024 financial performance, with GAAP EPS of $(0.02) down from $(0.01) YoY and sales of $315.278K down from $801.458K YoY.
The significant decline in both EPS and sales indicates a deteriorating financial performance, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100