ALT5 Sigma Corp Reported Q2 Fintech Revenues Of $2.17M, EPS Of $0.07

ALT5 Sigma Corporation (NASDAQ:ALTS), a fintech, providing next generation blockchain-powered technologies for tokenization, trading, clearing, settlement, payment, and safe-keeping of digital assets, announced financial results for its second fiscal quarter ended June 29, 2024.

Fiscal Second Quarter 2024 Key Highlights-

Fintech Revenues of $2.17 million (for the period from May 15 to June 29)

Gross Profit of $1.1 million or 51%

Net income from continuing operations of $589 thousand, as compared to $79 thousand for the same period last fiscal year

Net income per basic and diluted common share of $0.07, as compared to $0.02 for the same period last fiscal year for continuing operations and $0.01 for discontinued operations

Cash and cash equivalents of $5.75 million

Stockholders' equity of $22.9 million