Mawson Infra Gr Q2 EPS $(0.55) Up From $(1.12) YoY, Sales $13.11M Up From $10.55M YoY
Portfolio Pulse from Benzinga Newsdesk
Mawson Infrastructure Group (NASDAQ:MIGI) reported a significant improvement in its Q2 financial results, with EPS losses narrowing to $(0.55) from $(1.12) YoY and sales increasing by 24.26% to $13.11 million.
August 19, 2024 | 9:22 pm
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Mawson Infrastructure Group's Q2 results show a narrowing of EPS losses to $(0.55) from $(1.12) YoY and a 24.26% increase in sales to $13.11 million, indicating operational improvements.
The narrowing of EPS losses and significant sales growth suggest operational improvements and potential positive investor sentiment. This could lead to a short-term positive impact on the stock price.
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