On Wednesday August 14, 2024, Perfect Moment Reported Q1 EPS $(0.22) Up From $(0.55) YoY, Sales $974.00K Down From $988.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Perfect Moment (AMEX:PMNT) reported Q1 EPS of $(0.22), an improvement from $(0.55) YoY, with sales of $974K, down from $988K YoY.
August 15, 2024 | 1:48 pm
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POSITIVE IMPACT
Perfect Moment reported Q1 EPS of $(0.22), a significant improvement from $(0.55) YoY. However, sales slightly decreased to $974K from $988K YoY.
The improvement in EPS from $(0.55) to $(0.22) is a positive sign of the company's efforts to reduce losses. However, the slight decrease in sales may raise some concerns. Overall, the market is likely to react positively to the significant improvement in EPS.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100