OLB Gr Q1 EPS $(0.14) Up From $(0.17) YoY, Sales $3.50M Down From $6.62M YoY
Portfolio Pulse from Benzinga Newsdesk
OLB Group (NASDAQ:OLB) reported a Q1 EPS of $(0.14), an improvement from $(0.17) YoY, but sales decreased by 47.21% to $3.50M from $6.62M YoY.
May 21, 2024 | 1:57 pm
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OLB Group reported a Q1 EPS of $(0.14), an improvement from $(0.17) YoY, but sales decreased by 47.21% to $3.50M from $6.62M YoY.
While the EPS loss has improved, the significant drop in sales by 47.21% is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100