: Solo Brands stock slides after revenue miss #FinanceUSA #StockMarketNEWS Solo Brands Inc. shares slid 1% in early Thursday trading after it reported first-quarter revenue that missed expectations.
@stockMarketNEWS 15 Days ago
Solo Brands stock slides after revenue miss #FinanceUSA #StockMarketNEWS
Solo Brands Inc. shares slid 1% in early Thursday trading after it reported first-quarter revenue that missed expectations. The Solo Stove parent, which began trading in October 2021, posted a net loss of .0 million, or 3 cents per share, after net income of .2 million last year. Adjusted EPS of 19 cents beat the FactSet consensus for 8 cents. Sales of .2 million were up from .1 million, but missed the FactSet consensus for .5 million. For the full year, Solo is guiding for revenue between 0 million and 0 million. The FactSet consensus is for 6.8 million. Solo stock is down nearly 68% for the year to date.
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