Odyssey Marine Exploration Q1 2024 EPS $(0.18) Down From $1.12 YoY; Revenue $203.064M Down From $288.739M YoY
Portfolio Pulse from Benzinga Newsdesk
Odyssey Marine Exploration reported a Q1 2024 EPS of $(0.18), a significant decrease from $1.12 YoY. Revenue also fell to $203.064M from $288.739M YoY.
May 20, 2024 | 1:44 pm
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Odyssey Marine Exploration reported a significant decline in both EPS and revenue for Q1 2024 compared to the previous year. EPS dropped to $(0.18) from $1.12, and revenue fell to $203.064M from $288.739M.
The significant decline in both EPS and revenue indicates potential financial struggles for Odyssey Marine Exploration, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100