Your email has been successfully added to our mailing list.

×
0.237226277372263 0.514598540145985 0.60948905109489 0.507299270072993 0.430656934306569 0.390437956204379 0.357664233576642 0.54014598540146
Stock impact report

Eightco Announces $100 million Revenue Forecast – Releases 2025 Strategic Plan

Eightco Holdings Inc. (OCTO) 
Company Research Source: GlobeNewswire
Improved Financial Condition Allows Focus on Revenue Growth & Profitability Easton, PA, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) is pleased to provide an update to its shareholders regarding its achievements year to date and 2025 initiatives. 2024 Achievements The Company has made significant progress in 2024 by improving its balance sheet, most notably through the elimination of $5.4 million in convertible notes and increasing shareholder equity by $23 million. An aggregate of 5,846,627 dilutive shares related to warrants and convertible securities were cancelled in connection therewith, as well as several one-time accounting events. Operationally, during the 6 months ended June 30, 2024: Gross profit margin was increased to 22%, versus 12% in the prior year period; andSG&A was reduced to $6.9 million, down 23% from $9.0 million in the prior year period These improvements helped the Company re Show less Read more
Impact Snapshot
Event Time:
OCTO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OCTO alerts
Opt-in for
OCTO alerts

from News Quantified
Opt-in for
OCTO alerts

from News Quantified