Market News

Unforeseen Turbulence: Netcapital’s Q3 2024 Earnings Fail to Soar High

by Ron Finklestien

Published On: March 18, 2024 10:41 pm

Underwhelming Numbers Surface

NCPL stock - NCPL Stock Earnings: Netcapital Misses EPS, Misses Revenue for Q3 2024

Source: iQoncept / Shutterstock

Breaking Down the Figures

Netcapital (NASDAQ:NCPL) recently unveiled its performance for the third quarter of 2024.

Earnings per share stood at -19 cents, a stark contrast to the predicted 4 cents per share.
Revenue limped in at $1.04 million, plummeting 59.92% below the expected $2.60 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/ncpl-stock-earnings-netcapital-for-q3-of-2024/.