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Upexi, Inc. (UPXI)
:UPXI
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-0.12Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 15, 2021
|% Change Since: -29.55%
|Next Earnings Date:Sep 15, 2021
Earnings Call Sentiment|Negative
The earnings call highlighted significant operational improvements, particularly in gross margins and brand product sales, along with strategic investments in high-margin areas. However, these positives were overshadowed by a notable decline in overall revenue, adjusted EBITDA, and a net loss from continued operations, indicating financial challenges.Company Guidance
During Upexi, Inc.'s fiscal second quarter 2024 earnings call, CEO Allan Marshall highlighted strategic efforts to enhance profitability despite a sequential decrease in revenue to $21.8 million from $27.3 million in the prior quarter. The company's focus on high-margin Brand Products contributed to an increase in gross profit margins to 38% from 31.8% in the previous quarter. Brand Product sales rose by 16.7% to $7.7 million, comprising 35.1% of total revenue. The company recorded positive adjusted EBITDA despite a net loss of $2.4 million, driven by strategic investments in subscription revenue and cost management, including expected annual savings of $2 million from consolidating manufacturing operations. Upexi aims to bolster growth through continued emphasis on its high-margin brand business, targeting improved gross margins and cash flow.Increased Gross Profit Margins
Gross profit margins increased to 38% in the fiscal second quarter from 31.8% in the prior fiscal first quarter.
Growth in Brand Product Sales
Brand Product sales increased 16.7% sequentially to $7.7 million, with Brand Product sales as a percentage of total revenue rising to 35.1% from 24% in the previous quarter.
Cost Reduction and Operational Efficiency
Consolidation of manufacturing facilities is expected to reduce G&A expenses by approximately $2 million annually, contributing to cost savings of $450,000 to $550,000 per quarter.
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UPXI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UPXI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 11, 2024 | $5.11 | $5.05 | -1.17% |
| Sep 11, 2024 | $3.98 | $3.88 | -2.51% |
| Jul 09, 2024 | $7.80 | $7.80 | 0.00% |
| Feb 14, 2024 | $27.60 | $19.40 | -29.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Upexi, Inc. (UPXI) report earnings?
Upexi, Inc. (UPXI) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is Upexi, Inc. (UPXI) earnings time?
Upexi, Inc. (UPXI) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UPXI EPS forecast?
Currently, no data Available
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