Morgan Group Holding Co. Reports First Quarter Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 10 2024
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Source: newsfilter
- Financial Performance: Morgan Group Holding Co. reports steady revenues of $0.5 million for the first quarter of 2024, with a decrease in net loss compared to the same period in 2023.
- Expenses and Cost Reduction: Expenses were $0.7 million for Q1 2024, with ongoing efforts to reduce costs across all categories.
- Earnings per Share: Net loss per share for Q1 2024 was $0.25, an improvement from $0.46 per share in the previous year.
- Company Information: The company de-registered from the Securities and Exchange Commission in January 2024 but will continue to provide current information to the public.
- Forward-Looking Statements: The company's press release includes forward-looking statements about future expectations and performance, cautioning readers about potential risks and uncertainties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
