RDE Q2 EPS $(0.30) Down From $(0.05) YoY; Revenue $20.020M Down From $21.091M YoY
Portfolio Pulse from Benzinga Newsdesk
RDE reported a Q2 EPS of $(0.30), down from $(0.05) year-over-year, and revenue of $20.020 million, down from $21.091 million year-over-year.
August 15, 2024 | 12:43 pm
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RDE reported a significant decline in Q2 earnings and revenue compared to the previous year. EPS dropped to $(0.30) from $(0.05) and revenue fell to $20.020 million from $21.091 million.
The significant decline in both EPS and revenue indicates potential financial struggles for RDE, which is likely to negatively impact its stock price in the short term.
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