Sidus Space Q1 EPS $(1.40), Sales $1.05M Down From $2.26M YoY
Portfolio Pulse from Benzinga Newsdesk
Sidus Space (NASDAQ:SIDU) reported a Q1 EPS loss of $(1.40) and sales of $1.05 million, a 53.62% decrease from $2.26 million YoY.
May 20, 2024 | 8:23 pm
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Sidus Space reported a significant quarterly loss of $(1.40) per share and a 53.62% decrease in sales compared to the same period last year.
The significant decrease in sales and the large EPS loss are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100