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SKYX Platforms reports profit growth and margin improvement despite third-quarter revenue miss

Earnings Whispers · ·by G4L

SKYX
SKYX SKYX Platforms Corp
$0.59 -14.94%
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  1. 1SKYX Platforms recorded third-quarter revenue of $25.67 million.
  2. 2The revenue miss rate against the $26.83 million consensus for the third quarter is 4.3%.
  3. 3SKYX Platforms recorded a year-over-year profit growth rate of 28.6% in the third quarter.

So what's the key point?

SKYX Platforms' third-quarter revenue was 4.3% lower than expert expectations. However, profit grew by 28.6% compared to last year.

Source Earnings Whispers · View original ↗

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