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Stonebridge Acquisition Corporation  (APAC)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
 
Price: $6.3900 $-0.22 -3.328%
Day's High: $7.26 Week Perf: -9.75 %
Day's Low: $ 5.87 30 Day Perf: -31.29 %
Volume (M): 9 52 Wk High: $ 13.99
Volume (M$): $ 54 52 Wk Avg: $10.75
Open: $6.65 52 Wk Low: $5.87



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 0
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Stonebridge Acquisition Corporation
Stonebridge Acquisition Corporation is a special purpose acquisition company (SPAC) that was founded in 2021. It aims to identify and acquire a target company in the healthcare industry. The company's objective is to merge with or acquire a business that has promising growth potential and can benefit from Stonebridge's financial expertise and resources. Stonebridge is managed by a team of experienced professionals with extensive knowledge in healthcare and finance.


   Company Address: One World Trade Center New York 10007 NY
   Company Phone Number: 314-3555   Stock Exchange / Ticker: NASDAQ APAC
   APAC is expected to report next financial results on March 27, 2024.


   

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Stonebridge Acquisition Corporation

Revised Headline: APAC Records Impressive 50% Surge in Earnings per Share during Third Quarter of 2023



As the highly-anticipated third-quarter earnings season unfolds, Stonebridge Acquisition Corporation - a prominent player in the financial market - steps into the spotlight. These results are closely monitored by investors and market analysts alike, as they provide valuable insights into the company's financial performance. Let's delve into the financial figures and contextualize them with recent market trends.
Earnings per Share:
Stonebridge Acquisition Corporation experienced a surge in profitability during the third quarter of 2023. The company's profit per share reached $0.09, indicating a remarkable 50% increase compared to $0.06 in the previous year. However, it is important to note that this figure signifies a 35.71% decrease from the $0.14 per share profit recorded in the previous quarter.

Stonebridge Acquisition Corporation

Stonebridge Acquisition Corporation's Future Hangs in the Balance: Will APAC's Critical Fiscal Period Decide Their Fate?



Stonebridge Acquisition Corporation (SAC) has experienced a significant drop in its stock price over the past five days, leading to a year-to-date performance of 6.91%. Additionally, the stock is currently 2.8% short off its 52-week high. These circumstances prompt us to wonder how these developments will impact the company moving forward.
Financial Results Highlights:
For the April to June 30, 2023, period, SAC reported that its net profit per share remained unchanged at $0.14 compared to $0.00 from the previous year. However, earnings grew by a commendable 27.27% from $0.11 per share in the preceding financial reporting period.

Stonebridge Acquisition Corporation

Stonebridge Acquisition Corporation's EPS Declines by 15.38% in APAC's Financial First Quarter of 2023

Stonebridge Acquisition Corporation is a company that has recently reported a decrease in its income for the most recent fiscal period. The company's income fell by -15.38% to $0.11 per share, which is opposite of the $0.13 per share that was reported in the previous fiscal period. Additionally, in the prior financial reporting period, the company had realized $0.00 per share, which was a significant difference from its current reporting.
For the financial first quarter of 2023, Stonebridge Acquisition Corporation reported net deficit of $-0.606 million, which is a considerable decline from the earnings of $3.147 million that were booked in the similar financial reporting period a year before. Operating earnings, however, rose 29.86% to $0.423146 million, which provides some hope for the future. It's worth noting that Stonebridge Acquisition Corporation achieved a return on average invested assets (ROI) of 4.14% in its first quarter of 2023, which is above APAC's average return on investment of 3.41%.






 




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