Blue Star Foods Q1 EPS $(0.04) Up From $(1.10) YoY, Sales $2.26M Up From $1.90M YoY
Portfolio Pulse from Benzinga Newsdesk
Blue Star Foods (NASDAQ:BSFC) reported a significant improvement in its Q1 earnings per share (EPS), with losses narrowing to $(0.04) from $(1.10) year-over-year. The company also saw a 19.07% increase in sales, reaching $2.26 million compared to $1.90 million in the same period last year.
May 20, 2024 | 1:31 pm
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Blue Star Foods reported a significant improvement in its Q1 EPS, reducing losses to $(0.04) from $(1.10) YoY. Sales also increased by 19.07% to $2.26 million.
The significant improvement in EPS and the increase in sales are positive indicators for Blue Star Foods. The narrowing of losses and growth in revenue suggest better financial health and operational performance, likely leading to a positive short-term impact on the stock price.
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