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$HCTI: Q2 Revenue Surge Misses the Forecast Loss; CosmoInnovations LOI Catalyst
Street expects $3.43 loss per share as company navigates M&A integration and Nasdaq compliance.
Key Points
- Consensus EPS: ($3.43) vs ($34.73) YoY
- Q2 Revenue up 158%; Gross Profit up 322%
- Non-binding LOI to acquire 51% of CosmoInnovations
- Nasdaq compliance via recent share issuances
What To Watch
- Guidance on Q3 revenue growth sustainability
- Timeline for closing CosmoInnovations acquisition
- Commentary on cash burn and liquidity position