Eightco (OCTO) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Eightco Announces Second Quarter 2024 Financial Results Quarter Driven by Capital Restructuring to Prioritize Financial Stability ● Second quarter 2024 net income of $4.4 million versus net loss of ($8.9) million for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible note ● Second quarter 2024 revenues of $7.0 million versus$20.5 million for the prior year quarter, driven by reduction in capital available for cell phon ...