Alt5 sigma reports fiscal financial results for second quarter 2024

Q2 fintech results only include the period commencing may 15, 2024, the date on which the alt 5 sigma acquisition closed, to june 30, 2024 las vegas, nv / accesswire / august 19, 2024 / 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 "we are very pleased with the performance of alt5 sigma, particularly considering that our q2 results reflect only about 45 days of combined operations since the transaction was completed mid-quarter," stated tony issac, ceo of alt5 sigma.
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