i-80 Gold Q2 EPS $(0.07) Up From $(0.08) YoY, Sales $7.18M Down From $11.31M YoY
Portfolio Pulse from Benzinga Newsdesk
i-80 Gold (AMEX:IAUX) reported Q2 EPS of $(0.07), an improvement from $(0.08) YoY, but sales decreased by 36.48% to $7.18M from $11.31M YoY.
August 13, 2024 | 7:49 am
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i-80 Gold reported a quarterly EPS of $(0.07), an improvement from $(0.08) YoY. However, sales decreased significantly by 36.48% to $7.18M from $11.31M YoY.
While the EPS improved slightly, the significant drop in sales is likely to have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100