Oxbridge Re Holdings Q2 Gaap EPS $(0.14) Down From $(0.01) YoY, Sales $44.00K Down From $691.00K YoY
Portfolio Pulse from saritha@benzinga.com
Oxbridge Re Holdings (NASDAQ:OXBR) reported a significant decline in its Q2 financial performance, with GAAP EPS falling to $(0.14) from $(0.01) YoY and sales plummeting to $44.00K from $691.00K YoY.
August 08, 2024 | 9:31 pm
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Oxbridge Re Holdings reported a significant decline in Q2 financial performance, with GAAP EPS falling to $(0.14) from $(0.01) YoY and sales dropping to $44.00K from $691.00K YoY.
The significant decline in both EPS and sales indicates a deteriorating financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100