Advent Technologies Reports Q4 Adjusted EPS Of $(10.32), Revenue Of $1.5M, Down From $1.96M Last Year
Portfolio Pulse from Benzinga Newsdesk
Advent Technologies reported a Q4 adjusted EPS of $(10.32) and revenue of $1.5M, a decrease from $1.96M in the previous year.
August 20, 2024 | 11:03 am
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NEGATIVE IMPACT
Advent Technologies reported a significant decline in Q4 earnings with an adjusted EPS of $(10.32) and a drop in revenue to $1.5M from $1.96M last year.
The significant decline in both EPS and revenue indicates financial challenges for Advent Technologies, likely leading to negative investor sentiment and a potential short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100