Soluna Holdings Q1 EPS $(2.62) Up From $(10.30) YoY, Sales $12.55M Up From $3.08M YoY
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings (NASDAQ:SLNH) reported a significant improvement in its Q1 financial results, with a 74.56% reduction in losses per share and a 307.17% increase in sales compared to the same period last year.
May 16, 2024 | 12:15 pm
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Soluna Holdings reported a significant improvement in its Q1 financial results, with a 74.56% reduction in losses per share and a 307.17% increase in sales compared to the same period last year.
The substantial reduction in losses per share and the significant increase in sales indicate improved financial health and operational performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100