Largo Inc. reports a Q2 GAAP loss per share of $0.21, falling short of expectations amid revenue growth of 68.5% year-over-year.
Largo Inc. reported a Q2 GAAP earnings per share loss of $0.21, missing estimates by $0.06. The company’s revenue reached $44M, up 68.5% year-over-year but still $0.08M below forecasts.
Analysts had anticipated stronger earnings performance despite the revenue increase. The prior-year period saw lower revenue, though specific EPS comparisons were not disclosed.
The company cited ongoing geopolitical uncertainties as a factor influencing operations and sales.