Ault Alliance Q2 EPS $(1.08) Down From $(1.00) YoY, Sales $28.40M Down From $47.41M YoY
Portfolio Pulse from Benzinga Newsdesk
Ault Alliance reported a Q2 EPS of $(1.08), down from $(1.00) year-over-year, and sales of $28.40 million, down from $47.41 million year-over-year.
August 19, 2024 | 10:35 am
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Ault Alliance reported a significant decline in both EPS and sales for Q2, indicating potential financial struggles.
The decline in both EPS and sales year-over-year suggests that Ault Alliance is facing financial difficulties, which could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100