Allied Gaming & Entertainment Q1 2024 EPS $(0.04) Up From $(0.05) YoY; Revenue $2.4M Up From $1.2M YoY
Portfolio Pulse from Benzinga Newsdesk
Allied Gaming & Entertainment reported its Q1 2024 earnings with an EPS of $(0.04), an improvement from $(0.05) year-over-year. Revenue increased to $2.4 million from $1.2 million YoY.
May 20, 2024 | 8:10 pm
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Allied Gaming & Entertainment's Q1 2024 earnings show an improved EPS of $(0.04) compared to $(0.05) YoY, and revenue doubled to $2.4 million from $1.2 million YoY.
The improvement in EPS and the doubling of revenue indicate positive financial performance, which is likely to have a favorable impact on the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100