Onfolio Holdings Q1 EPS $(0.14) Up From $(0.26) YoY, Sales $1.59M Up From $1.35M YoY
Portfolio Pulse from Benzinga Newsdesk
Onfolio Holdings (NASDAQ:ONFO) reported a Q1 EPS of $(0.14), an improvement from $(0.26) YoY, and sales of $1.59M, up from $1.35M YoY.
May 21, 2024 | 12:14 pm
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Onfolio Holdings reported a significant improvement in its Q1 EPS, reducing losses from $(0.26) to $(0.14) YoY. Additionally, the company saw a 17.33% increase in sales, reaching $1.59 million.
The improvement in EPS and the increase in sales are positive indicators for Onfolio Holdings. The reduction in losses and growth in revenue suggest better financial health and operational performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100