Element Solutions (NYSE:ESI) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.36 by 5.56 percent. This is a 8.57 percent increase over earnings of $0.35 per share from the same period last year. The company reported quarterly sales of $676.90 million which missed the analyst consensus estimate of $681.90 million by 0.73 percent. This is a 15.39 percent increase over sales of $586.60 million the same period last year.
Soluna Announces Implementation Of 1-for-25 Reverse Stock Split
Following the reverse share split, the Company will have approximately 1.5 million Ordinary Shares issued and outstanding.Split effective today, October 13, 2023 at 5:00pm est.Soluna Holdings, Inc. ("SHI" or the