How did PMNT's Q3 2025 EPS performance compare to Q2?

Perfect Moment's (PMNT) Q3 2025 EPS was not available. However, Q2 2025 EPS was not reported either. The company reported a significant increase in net revenue for Q3 2025 compared to the previous quarter, but declined by 8% from the same year-ago quarter. The decrease from the prior year was largely due to a decrease in collaboration revenue, which was partially offset by an increase in retail net revenue. Therefore, it can be inferred that the EPS performance of Q3 2025 might have been affected by this trend.

1. **Comparison of Quarterly Performance**:
- PMNT experienced a 204% increase in total net revenue in Q3 2025 compared to the previous quarter, reaching $11.7 million. However, there was an 8% decline from the same period in the previous year, partly due to the conclusion of a collaboration with Hugo Boss.
- The company's gross margin improved by 273 basis points to 54.8% in Q3 2025, up from 52.1% in the same year-ago quarter, indicating better profitability.
2. **Influence of Strategic Initiatives**: The sequential increase in Q3 2025 net revenue was primarily driven by seasonal factors, but also by the successful implementation of margin expansion initiatives, including the opening of the first U.S. distribution center. These strategic moves are likely to have had a positive impact on the company's financial performance, including EPS, in the quarter.
3. **Trends Influencing Future Performance**: PMNT's focus on operational efficiency and brand expansion, along with a new leadership team, suggests a positive outlook for future performance. The company's efforts to improve gross margins and reduce costs, coupled with a strong digital presence and increased brand awareness, are likely to support improved EPS in future quarters.

In conclusion, while specific EPS figures for Q3 2025 are not available, the trend of increased net revenue, improved gross margins, and strategic initiatives suggest that PMNT's EPS may have shown improvement over Q2 2025. However, the impact of decreased collaboration revenue and the timing of shipments in wholesale net revenue should be considered when assessing the full picture of Q3 2025's EPS performance compared to Q2 2025.