Eightco Announces First Quarter 2024 Financial Results
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 $ 9,619,820 $ 15,889,715 Cost of revenues 7,734,058 14,070,623 First quarter 2024 net income of $4.9mn 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 $9.6mn versus $15.9mn for the prior year quarter, ...