Scorpius Holdings Q2 EPS $(26.98), Sales $759.94K Up From $657.78K YoY
Portfolio Pulse from Benzinga Newsdesk
Scorpius Holdings reported a Q2 EPS of $(26.98) and revenue of $0.8M, an increase from $0.7M year-over-year.
August 20, 2024 | 1:28 pm
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NEGATIVE IMPACT
Scorpius Holdings reported a significant loss in Q2 with an EPS of $(26.98), despite a slight increase in revenue to $0.8M from $0.7M YoY.
The substantial EPS loss of $(26.98) indicates financial struggles, which is likely to negatively impact SCPX's stock price in the short term. The slight revenue increase is overshadowed by the significant loss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100