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Eightco Announces First Quarter 2024 Financial Results
OCTOEightco (OCTO) globenewswire.com·2024-05-16 12:30

Quarter Driven by Capital Restructuring to Prioritize Financial Stability for Long-Term Revenue Growth. For the Three Months Ended March 31, 2024 2023 Revenues, net 9,619,8209,619,820 15,889,715 Cost of revenues 7,734,058 14,070,623 First quarter 2024 net income of 4.9mnversusnetlossof4.9mn versus net loss of 49.9mn for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible note First quarter 2024 revenues of 9.6mnversus9.6mn versus 15.9mn for the prior year quarter, ...