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Stock impact report

Perfect Moment Reports Fiscal Q3 2024 Results [Yahoo! Finance]

Perfect Moment Ltd. (PMNT) 
Company Research Source: Yahoo! Finance
Record fiscal nine-month revenue at $19.6 million, reflecting growing brand awareness generated by major media wins. Strengthened balance sheet from recent IPO, enabling acceleration in marketing, strategic product line expansion and other growth initiatives. LONDON, March 25, 2024 BUSINESS WIRE Perfect Moment Ltd. (NYSE American: PMNT), a global luxury lifestyle brand combining fashion with technical performance for skiwear, outerwear, swimwear and activewear, reported results for the three and nine months periods ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted. Fiscal Q3 2024 Financial Highlights Total revenue of $12.7 million, with eCommerce sales up 23% to record $3.8 million. Net income totaled $1.2 million, or $0.23 per basic share and $0.08 per diluted share. Adjusted EBITDA, a non-GAAP metric, was $1.7 million (see definition and reconciliation to GAAP, below). Cash, cash equivalents and restricted cash totaled $3. Show less Read more
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