SIGA Technologies Q2 EPS $0.03 Up From $(0.04) YoY, Sales $21.81M Up From $5.88M YoY
Portfolio Pulse from Benzinga Newsdesk
SIGA Technologies reported a significant improvement in its Q2 financial results, with earnings per share (EPS) of $0.03, up from a loss of $(0.04) per share year-over-year. Sales also saw a substantial increase, rising to $21.81 million from $5.88 million in the same period last year.
August 01, 2024 | 8:45 pm
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POSITIVE IMPACT
SIGA Technologies reported Q2 EPS of $0.03, a 175% increase from the previous year's loss of $(0.04) per share. Sales surged by 271% to $21.81 million. This strong financial performance is likely to positively impact the stock price in the short term.
The significant improvement in both EPS and sales indicates strong financial health and growth potential for SIGA Technologies. This is likely to attract positive investor sentiment and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100