Palladyne AI Second Quarter 2024 Earnings: US$0.20 loss per share (vs US$1.12 loss in 2Q 2023)

Palladyne AI (NASDAQ:PDYN) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$2.71m (up 113% from 2Q 2023).
• Net loss: US$5.32m (loss narrowed by 81% from 2Q 2023).
• US$0.20 loss per share (improved from US$1.12 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Palladyne AI shares are down 1.2% from a week ago.

Risk Analysis

We should say that we've discovered 5 warning signs for Palladyne AI (3 are significant!) that you should be aware of before investing here.

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