🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

PSQ Holdings reports $20.2 million net loss in Q3, matching last year

EditorAmbhini Aishwarya
Published 16/11/2023, 10:38 pm
© Reuters.

PSQ Holding, in its latest earnings release Tuesday, reported a net loss of $20.2 million for the third quarter of 2023, which mirrors the financial results from the same period last year. The company also posted a loss of $0.77 per share, consistent with its performance in the third quarter of 2022.

The past week saw PSQ Holdings' shares decline by 6.3%, amid investor reactions to the earnings report and market conditions. The company has highlighted three key risks for investors to consider, emphasizing a long-term analysis approach. The report is grounded on fundamental data and analyst estimates and is designed to provide an impartial perspective that does not incorporate recent price-sensitive news or serve as investment advice.

The earnings figures come at a time when investors are closely monitoring corporate financial health, with PSQ Holdings maintaining transparency about its challenges in the current market climate. The company's performance indicators are crucial for stakeholders making informed decisions without the influence of short-term market fluctuations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.