Odyssey Marine Explr Q2 EPS $(0.07) Up From $(0.25) YoY, Sales $215.56K Up From $172.57K YoY
Portfolio Pulse from Benzinga Newsdesk
Odyssey Marine Exploration (NASDAQ:OMEX) reported a significant improvement in its Q2 earnings per share (EPS), with losses narrowing to $(0.07) from $(0.25) year-over-year. Sales also increased by 24.91% to $215.56K from $172.57K in the same period last year.
August 09, 2024 | 12:32 pm
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Odyssey Marine Exploration (NASDAQ:OMEX) reported improved Q2 results with EPS losses narrowing to $(0.07) from $(0.25) YoY and a 24.91% increase in sales to $215.56K.
The significant improvement in EPS and sales growth indicates positive operational performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100