Mega Matrix Q2 EPS $(0.10) Down From $(0.05) YoY, Sales $6.92M
Portfolio Pulse from Benzinga Newsdesk
Mega Matrix (AMEX:MPU) reported a Q2 EPS of $(0.10), doubling its losses from $(0.05) YoY, with sales of $6.92 million.

August 14, 2024 | 8:43 pm
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Mega Matrix reported a Q2 EPS of $(0.10), doubling its losses from $(0.05) YoY, with sales of $6.92 million.
The doubling of losses from $(0.05) to $(0.10) per share indicates a significant decline in profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100