Eightco Announces Second Quarter 2024 Financial Results
Eightco Holdings Inc. (OCTO)
Company Research
Source: GlobeNewswire
Quarter Driven by Capital Restructuring to Prioritize Financial Stability Second quarter 2024 net income of $4.4 million versus net loss of ($8.9) million for the prior year quarter, due to better operating performance and elimination of warrant losses related to a retired convertible noteSecond quarter 2024 revenues of $7.0 million versus $20.5 million for the prior year quarter, driven by reduction in capital available for cell phone sales after repayment of the convertible note Easton, PA, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced financial results for the three months ended June 30, 2024. Paul Vassilakos, CEO of Eightco and President of Forever 8 Fund, LLC (“Forever 8”), the Company’s largest subsidiary, said “The Company continues to focus on prioritizing the Forever 8 business in providing inventory capital for e-commerce sellers and refurbished apple product sellers. The Company has
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OCTO
News
- Eightco Achieves Revenues of $100mn in Mobile Phone BusinessGlobeNewswire
- Eightco Provides Shareholder Update [Yahoo! Finance]Yahoo! Finance
- Eightco Provides Shareholder UpdateGlobeNewswire
- NASDAQ Grants Eightco's Request for Continued Listing on The Nasdaq Capital Market [Yahoo! Finance]Yahoo! Finance
- NASDAQ Grants Eightco’s Request for Continued Listing on The Nasdaq Capital MarketGlobeNewswire
OCTO
Sec Filings
- 8/15/24 - Form 8-K
- 8/14/24 - Form 10-Q
- 8/14/24 - Form 10-Q/A
- OCTO's page on the SEC website