Eightco Holdings Second Quarter 2024 Earnings: EPS: US$2.55 (vs US$17.73 loss in 2Q 2023)

[email protected] (Simply Wall St)
1 min read

In This Article:

Eightco Holdings (NASDAQ:OCTO) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$7.02m (down 66% from 2Q 2023).

  • Net income: US$4.45m (up from US$8.85m loss in 2Q 2023).

  • Profit margin: 63% (up from net loss in 2Q 2023).

  • EPS: US$2.55 (up from US$17.73 loss in 2Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Eightco Holdings shares are up 23% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for Eightco Holdings (4 are a bit unpleasant!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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