WISeKey Intl Hldg H1 EPS $(2.74) Down From $(2.44) YoY, Sales $5.17M Down From $15.11M YoY
Portfolio Pulse from Benzinga Newsdesk
WISeKey Intl Hldg reported a significant decline in both earnings and sales for the first half of the year. The company's EPS decreased from $(2.44) to $(2.74), and sales dropped from $15.11 million to $5.17 million, indicating a challenging period.
September 30, 2024 | 8:07 pm
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WISeKey Intl Hldg reported a 12.3% increase in losses per share and a 65.75% decrease in sales year-over-year, indicating financial struggles.
The reported increase in losses per share and significant drop in sales suggest financial difficulties for WISeKey, likely leading to negative investor sentiment and a potential decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100