Eightco Announces Third Quarter 2024 Financial Results
Eightco Holdings Inc. (OCTO)
Company Research
Source: GlobeNewswire
Quarter Driven by Corporate Actions for NASDAQ Compliance and Building Operational Foundation for Long Term Growth Third quarter 2024 net loss of ($3.2) million compared to net loss of ($3.5) million for the prior year quarter, due to better gross marginsThird quarter 2024 revenues of $7.7 million compared to $23.3 million for the prior year quarter, driven by reduction in capital available for cell phone sales after repayment of the previously outstanding convertible noteSuccessfully Met NASDAQ Compliance requirements to maintain NASDAQ listing Easton, PA, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Eightco Holdings Inc. (NASDAQ: OCTO) (the “Company” or “Eightco”) today announced financial results for the three months ended September 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 a
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OCTO
News
- Eightco Completes Non-Dilutive Capital Raise and Second Debt Extension [Yahoo! Finance]Yahoo! Finance
- Eightco Completes Non-Dilutive Capital Raise and Second Debt ExtensionGlobeNewswire
- Eightco Announces $100 million Revenue Forecast – Releases 2025 Strategic PlanGlobeNewswire
- Eightco Regains Compliance with Nasdaq Listing RequirementsGlobeNewswire
OCTO
Sec Filings
- 12/20/24 - Form 8-K
- 12/10/24 - Form DEF
- 11/27/24 - Form PRE
- OCTO's page on the SEC website