Hour Loop Second Quarter 2024 Earnings: EPS: US$0.018 (vs US$0.022 loss in 2Q 2023)

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

In This Article:

Hour Loop (NASDAQ:HOUR) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$28.1m (up 25% from 2Q 2023).

  • Net income: US$649.2k (up from US$769.4k loss in 2Q 2023).

  • Profit margin: 2.3% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.

  • EPS: US$0.018 (up from US$0.022 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

Hour Loop shares are up 21% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Hour Loop (1 makes us a bit uncomfortable!) that you should be aware of.

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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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