Nauticus Robotics Q2 EPS $(2.75) Down From $17.70 YoY, Sales $501.71K Down From $1.13M YoY
Portfolio Pulse from Benzinga Newsdesk
Nauticus Robotics (NASDAQ:KITT) reported a significant decline in its Q2 financial performance, with EPS dropping from $17.70 to $(2.75) and sales falling from $1.13 million to $501.71 thousand year-over-year.
August 14, 2024 | 6:45 am
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Nauticus Robotics reported a significant decline in Q2 earnings and sales, with EPS dropping from $17.70 to $(2.75) and sales falling from $1.13 million to $501.71 thousand year-over-year.
The significant decline in both EPS and sales indicates a poor financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100