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News

DIH Holding EPS $(0.02) Up from $(0.12) YoY; Revenue $16.19M Up From $13.05M YoY

Author: Benzinga Newsdesk | August 19, 2024 04:37pm

DIH HOLDING US, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED) (in thousands, except per share data)

 

         
  For the Three Months Ended June 30, 
  2024  2023 
Revenue $16,187  $13,045 
Cost of sales  7,521   7,648 
Gross profit  8,666   5,397 
Operating expenses:      
Selling, general, and administrative expense  8,676   5,837 
Research and development  1,644   1,438 
Total operating expenses  10,320   7,275 
Operating loss  (1,654)  (1,878)
Other income (expense):      
Interest income (expense)  (135)  (120)
Other income (expense), net  1,898   (689)
Total other income (expense)  1,763   (809)
Income (loss) before income taxes  109   (2,687)
Income tax expense  723   226 
Net loss $(614) $(2,913)
       
Net loss per share, basic and diluted $(0.02) $(0.12)
Weighted average common shares outstanding, basic and diluted  34,545   25,000 


 

Posted In: DHAI

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