Marygold Companies Q4 EPS $(0.05) Down From $0.03 YoY, Sales $8.30M Down From $8.90M YoY
Portfolio Pulse from Benzinga Newsdesk
Marygold Companies reported a Q4 EPS loss of $(0.05), a significant decrease from $0.03 YoY, with sales dropping to $8.30M from $8.90M YoY.
September 19, 2024 | 7:30 am
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Marygold Companies reported a significant decline in Q4 earnings, with EPS dropping to $(0.05) from $0.03 YoY, and sales decreasing by 6.74% to $8.30M.
The significant drop in EPS and sales indicates financial struggles, likely leading to negative investor sentiment and a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100