SHF Hldgs Q2 GAAP EPS $0.02 Up From $(0.40) YoY, Sales $4.04M Down From $4.57M YoY
Portfolio Pulse from saritha@benzinga.com
SHF Holdings (NASDAQ: SHFS) reported Q2 GAAP EPS of $0.02, a significant improvement from $(0.40) YoY. However, sales decreased by 11.70% to $4.04M from $4.57M YoY.
August 14, 2024 | 8:14 pm
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SHF Holdings reported a significant improvement in Q2 GAAP EPS to $0.02 from $(0.40) YoY, but experienced an 11.70% decline in sales to $4.04M.
The significant improvement in EPS is a positive indicator of profitability, but the decline in sales may concern investors about future revenue growth. The mixed results could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100