Crown ElectroKinetics Q2 EPS $(5.89), Sales $4.65M Up From $37.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Crown ElectroKinetics (NASDAQ:CRKN) reported Q2 losses of $(5.89) per share, a significant increase from $(2.72 thousand) per share last year. Sales rose to $4.65 million, a 12.46K percent increase from $37.00 thousand YoY.
August 14, 2024 | 1:06 pm
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Crown ElectroKinetics reported Q2 losses of $(5.89) per share, a significant increase from $(2.72 thousand) per share last year. Sales rose to $4.65 million, a 12.46K percent increase from $37.00 thousand YoY.
While the company showed a massive increase in sales, the significant increase in losses per share may concern investors. The mixed results could lead to neutral short-term price movement as the market digests the contrasting signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100