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Staffing 360 Solutions Second Quarter 2024 Earnings: Misses Expectations
Staffing 360 Solutions (NASDAQ:STAF) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$44.2m (down 9.1% from 2Q 2023).
- Net loss: US$1.97m (loss narrowed by 3.5% from 2Q 2023).
- US$3.55 loss per share (improved from US$11.61 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Staffing 360 Solutions Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates significantly.
The company's shares are up 8.5% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Staffing 360 Solutions has 6 warning signs we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:STAF
Medium-low and fair value.
