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UPXI — Upexi News Story

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Consumer goods firm Upexi's Q1 revenue slightly beats estimates

Overview

Upexi fiscal Q1 revenue slightly beats analyst expectations at $9.2 mln

Net income for fiscal Q1 rises to $66.7 mln from a loss of $1.6 mln

Gross profit up 183% yr/yr to $8.3 mln, driven by digital asset revenue

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

DIGITAL ASSET REVENUE - Digital asset revenue, mainly from staking, totaled $6.1 mln, driving gross profit increase

SOLANA TREASURY STRATEGY - Unrealized gain on Solana treasury contributed to net income increase

FINANCIAL STRATEGY - Co closed $200 mln private placement and announced $500 mln equity line to support growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueSlight Beat*$9.20 mln$9.16 mln (1 Analyst)
Q1 EPS$0.76
Q1 Gross Profit$8.30 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the online services peer group is "hold." Wall Street's median 12-month price target for Upexi Inc is $15.50, about 78.4% above its November 10 closing price of $3.35 Press Release: ID:nGNX7rYCTw For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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