New Concept Energy Sees Q2 EPS $0.01 Up From $(0.01) YoY; Revenue $37,000 Up From $25,000 YoY
Portfolio Pulse from Benzinga Newsdesk
New Concept Energy reported Q2 earnings per share (EPS) of $0.01, an improvement from $(0.01) year-over-year. Revenue increased to $37,000 from $25,000 year-over-year.
August 14, 2024 | 8:32 pm
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New Concept Energy (GBR) reported Q2 EPS of $0.01, an improvement from $(0.01) year-over-year, and revenue increased to $37,000 from $25,000 year-over-year.
The improvement in EPS from a loss to a profit and the increase in revenue are positive indicators for New Concept Energy. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100