Earnings Preview : Q2 2024 Is Shaping Up To Be An Important Quarter For Milestone Scientific

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Mark your calendars for Thursday 15th August 2024, as Milestone Scientific (NYSE AMERICAN: MLSS) is set to unveil its second quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.

Wall Street financial analysts are foreseeing that the business is likely to announce an estimated per share $0.01 loss for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $2.52 million during the quarter.

Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $10.3 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $0.05 during the fiscal year.

Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share loss of $0.03. This figure was attributed to the company's total revenue, which reached an impressive $2.91 million during that same period.

The day's trading saw Milestone Scientific (MLSS) shares hit a low of $0.98 and a high of $1.05, with a day volume of 104.90 thousand shares. The stock closed the regular trading session at $1.01, demonstrating 0.98 percent downfall.