How does MDIA's Q3 2023 EPS compare to previous quarters?
4/3/2025 04:25pm
MediaCo Holding Inc. (NASDAQ: MDIA) reported an EPS of $0.04 for Q3 2023. Unfortunately, there is no available data on the EPS for previous quarters. However, we can analyze the company's stock performance and recent news to gauge its overall financial health and potential future performance.
1. **Recent Stock Performance and News**:
- MediaCo's stock has faced significant challenges, with a year-to-date performance decrease of 54.49% as of the acquisition news.
- The company's GF Score is low at 48/100, indicating poor future performance potential.
- Financial Strength, Profitability, and Growth Rankings are all below average at 4/10, suggesting a need for improvement in these areas.
2. **Share Repurchase Program Announcement**: MediaCo announced a share repurchase program, which could be a sign of the company's confidence in its financial stability and potential future growth.
3. **Investor Activity**:
- Nantahala Capital Management, LLC sold its holding in MediaCo, with sale prices ranging from $1.92 to $9.52 and an estimated average price of $5.65.
- Westport Asset Management Inc also sold MediaCo shares, buying other stocks such as Alphabet Inc and Rockwell Automation Inc.
4. **Revenue and Earnings**: MediaCo reported revenue of $12.08 million for Q3 2023, but without previous quarters' data, direct comparison is not possible. However, a positive earnings per share (EPS) of $0.04 for Q3 2023 indicates the company was profitable for the period.
In conclusion, while there is no direct comparison available for MDIA's Q3 2023 EPS with previous quarters, the company's financial health appears to be under pressure, as indicated by the low GF Score and investor sales activity. The share repurchase program and positive EPS for Q3 2023 suggest some potential for the company, but these need to be weighed against the broader context of its financial performance and market conditions.