Reborn Coffee Q1 EPS $(0.60) Up From $(0.64) YoY, Sales $1.52M Up From $1.12M YoY
Portfolio Pulse from Benzinga Newsdesk
Reborn Coffee (NASDAQ:REBN) reported a quarterly loss of $(0.60) per share, a 6.25% improvement from $(0.64) per share last year. Sales increased by 35.29% to $1.52 million from $1.12 million in the same period last year.
July 23, 2024 | 12:37 pm
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Reborn Coffee reported a quarterly loss of $(0.60) per share, a 6.25% improvement from $(0.64) per share last year. Sales increased by 35.29% to $1.52 million from $1.12 million in the same period last year.
The improvement in EPS and significant increase in sales are positive indicators for Reborn Coffee. The reduced losses and higher revenue suggest better financial health and potential growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100