Mill City Ventures III Q2 EPS $0.06 Up From $0.01 YoY, Sales $888.63K Down From $907.50K YoY
Portfolio Pulse from Benzinga Newsdesk
Mill City Ventures III (NASDAQ:MCVT) reported a significant increase in Q2 earnings per share (EPS) to $0.06, up 500% from $0.01 YoY, despite a slight decrease in sales to $888.63K from $907.50K YoY.
August 15, 2024 | 12:55 pm
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Mill City Ventures III reported a significant increase in Q2 EPS to $0.06, up 500% from $0.01 YoY, despite a slight decrease in sales to $888.63K from $907.50K YoY.
The significant increase in EPS indicates improved profitability, which is a positive signal for investors. The slight decrease in sales is less concerning given the substantial EPS growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100