In This Article:
Hour Loop (NASDAQ:HOUR) First Quarter 2024 Results
Key Financial Results
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Revenue: US$24.7m (up 17% from 1Q 2023).
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Net income: US$1.07m (up from US$1.24m loss in 1Q 2023).
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Profit margin: 4.3% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
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EPS: US$0.03 (up from US$0.035 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hour Loop shares are up 17% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Hour Loop (1 can't be ignored!) that you should be aware of.
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