Eightco Announces First Quarter 2024 Financial Results [Yahoo! Finance]
Eightco Holdings Inc. (OCTO)
Company Research
Source: Yahoo! Finance
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, driven by reduction in capital available for cell phone sales after repayment of the convertible note Easton, PA, May 16, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced financial results for the three months ended March 31, 2024. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC (“Forever 8”), the Company's largest subsidiary, said “The Company has a clear focus on prioritizing the Forever 8 business providing inventory capital for e-commerce sellers and refurbished apple product sellers. We have a proven model with significant customer demand for rapid expansion. That said, we also had a restrictive convertible note that
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OCTO
News
- Eightco Announces Second Quarter 2024 Financial ResultsGlobeNewswire
- Eightco Achieves Revenues of $100mn in Mobile Phone BusinessGlobeNewswire
- Eightco Provides Shareholder Update [Yahoo! Finance]Yahoo! Finance
- Eightco Provides Shareholder UpdateGlobeNewswire
- NASDAQ Grants Eightco's Request for Continued Listing on The Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
OCTO
Sec Filings
- 8/15/24 - Form 8-K
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 10-Q/A
- OCTO's page on the SEC website