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home / news releases / SVIN - Scheid Vineyards GAAP EPS of -$2.59 revenue of $14.4M

SVIN - Scheid Vineyards GAAP EPS of -$2.59 revenue of $14.4M

Scheid Vineyards Inc A

2023-07-17 09:50:00 ET

  • Scheid Vineyards press release ( OTCPK:SVIN ): Q1 GAAP EPS of -$2.59.
  • Revenue of $14.4M (-9.7% Y/Y).
  • Gross margin decreased slightly from 23% in fiscal 2023 to 22% in fiscal 2024, primarily as result of the change in sales mix.
  • Sales and marketing expenses decreased 17%, from $3.5 to $3.0 million, as the Company reorganized its sales and marketing departments in late 2023.

For further details see:

Scheid Vineyards GAAP EPS of -$2.59, revenue of $14.4M
Stock Information
Company Name: Scheid Vineyards Inc A
Stock Symbol: SVIN
Market: OTC
Website: scheidvineyards.com
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