Volcon Q2 EPS $(1.51), Sales $940.86K Up From $519.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Volcon (NASDAQ:VLCN) reported Q2 losses of $(1.51) per share, a significant increase from $(19.11 thousand) per share YoY. Sales rose to $940.86K, up 81.28% from $519.00K YoY.
August 06, 2024 | 12:49 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Volcon reported Q2 losses of $(1.51) per share, a significant increase from $(19.11 thousand) per share YoY. Sales rose to $940.86K, up 81.28% from $519.00K YoY.
Despite the significant increase in sales, the substantial increase in losses per share is likely to negatively impact investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100