C3is Q2 EPS $0.63 Up From $(12.07) YoY, Sales $10.83M Up From $1.70M YoY
Portfolio Pulse from totan@benzinga.com
C3is (NASDAQ:CISS) reported a significant improvement in its Q2 financial results, with EPS rising to $0.63 from a loss of $(12.07) YoY, and sales increasing to $10.83M from $1.70M YoY.
August 22, 2024 | 11:42 am
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C3is reported a remarkable turnaround in its Q2 earnings, with EPS improving to $0.63 from a $(12.07) loss last year, and sales increasing by over 535% to $10.83M.
The significant improvement in both EPS and sales indicates a strong financial recovery for C3is, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100