Damon reports Q2 EPS $2.51 vs ($2.76) last year

“In Q2, Damon (DMN) executed pivotal strategic shifts, including key leadership transitions and the introduction of our Damon 2.0 strategy,” said Dominique Kwong, interim CEO of Damon. “We’ve established four distinct potential revenue verticals – Data Intelligence, Personal Mobility, Licensing and Engineering Services, and Special Projects – creating multiple pathways for growth. Our proprietary safety systems and electrification technology continue to be core differentiators in the market, supported by an improved balance sheet position,” continued Kwong.