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home / news releases / CEAD - CEA Industries GAAP EPS of -$0.05 revenue of $4.7M

CEAD - CEA Industries GAAP EPS of -$0.05 revenue of $4.7M

CEA Industries Inc.

2023-05-15 16:08:24 ET

  • CEA Industries press release ( NASDAQ: CEAD ): Q1 GAAP EPS of -$0.05.
  • Revenue of $4.7M (+170.1% Y/Y).
  • Gross profit in the first quarter of 2023 increased to $0.9 million compared to $0.1 million for the same period in 2022. Gross margin increased significantly to 18.2% compared to 5.2% in the year-ago period.
  • Cash and cash equivalents were $15.9 million on March 31, 2023, compared to $18.6 million on December 31, 2022, while working capital decreased by $0.2 million during this period. At March 31, 2023, the Company remained debt free.

For further details see:

CEA Industries GAAP EPS of -$0.05, revenue of $4.7M
Stock Information
Company Name: CEA Industries Inc.
Stock Symbol: CEAD
Market: OTC
Website: surna.com
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