Safe & Green Holdings Q1 EPS $(4.93) Up From $(5.00) YoY, Sales $1.02M Down From $5.50M YoY
Portfolio Pulse from Benzinga Newsdesk
Safe & Green Holdings (NASDAQ:SGBX) reported a Q1 EPS of $(4.93), an improvement from $(5.00) YoY, but sales dropped significantly to $1.02M from $5.50M YoY.
May 17, 2024 | 12:34 pm
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Safe & Green Holdings reported a Q1 EPS of $(4.93), an improvement from $(5.00) YoY. However, sales dropped significantly to $1.02M from $5.50M YoY, indicating potential challenges in revenue generation.
While the EPS loss has slightly improved, the drastic drop in sales by 81.49% is a significant concern. This indicates potential issues in the company's revenue generation capabilities, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100