SEALSQ H1 EPS $(0.37) Down From $(0.06) YoY, Sales $4.83M Down From $14.75M YoY
Portfolio Pulse from Benzinga Newsdesk
SEALSQ (NASDAQ:LAES) reported a significant decline in its financial performance for the first half of the year, with EPS dropping from $(0.06) to $(0.37) and sales falling from $14.75 million to $4.83 million year-over-year.
September 25, 2024 | 8:07 pm
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SEALSQ reported a significant decline in earnings and sales for the first half of the year, with EPS dropping to $(0.37) from $(0.06) and sales decreasing to $4.83 million from $14.75 million year-over-year.
The significant decline in both EPS and sales indicates a deterioration in SEALSQ's financial health, likely leading to negative investor sentiment and a potential drop in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100