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Seaport Global Acquisition Ii Corp   (SGII)
Other Ticker:  
 
 
Price: $10.8100 $0.05 0.465%
Day's High: $10.82 Week Perf: 0.46 %
Day's Low: $ 10.81 30 Day Perf: 0.75 %
Volume (M): 11 52 Wk High: $ 11.78
Volume (M$): $ 115 52 Wk Avg: $10.56
Open: $10.81 52 Wk Low: $10.23



 Market Capitalization (Millions $) 41
 Shares Outstanding (Millions) 4
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 1
 Capital Exp. (TTM) (Millions $) 0

Seaport Global Acquisition Ii Corp
Seaport Global Acquisition II Corp is a special purpose acquisition company (SPAC) focused on the energy and infrastructure sectors. It was formed for the purpose of merging or acquiring other companies in these industries. The company's management team has extensive experience in the energy and infrastructure sectors, providing expertise in identifying and executing potential acquisitions. Seaport Global Acquisition II Corp aims to create value for its shareholders by combining with a target company that has strong growth potential and positioning in these sectors.


   Company Address: 360 Madison Avenue, 23rd Floor New York 10017 NY
   Company Phone Number: 616-7700   Stock Exchange / Ticker: NASDAQ SGII
   


   

Stock Performances by Major Competitors

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Seaport Global Acquisition Ii Corp

Seaport Global Acquisition II Corp Reports Impressive Third Quarter 2023 Earnings Season Figures, Cementing Its Ascendancy in the Construction Raw Materials Sector

Seaport Global Acquisition II Corp, a company in the Construction Raw Materials industry, recently reported an operating loss of $-0.964 million for the most recent fiscal period. This news comes as numerous companies in the industry have been disclosing their financial results for the July to September 30, 2023 reporting season.
Despite the current operating loss, shareholders of Seaport Global Acquisition II Corp remain hopeful for additional revenue sources to be developed in the near future. They understand that the present operational results of the company do not fully reflect its potential for profitability. While the company has been able to generate profits in its current state, it is important to highlight that Seaport Global Acquisition II Corp experienced a shortfall of $-0.205 million during the July to September 30, 2023 period. This is a significant shift from being above break-even during the third quarter of 2022.

Seaport Global Acquisition Ii Corp

Seaport Global Acquisition II Corp Shows Progress with Operating Shortfall, Improving Financial Performance and Adaptation in Ever-Evolving Market Environment

Seaport Global Acquisition II Corp, a prominent player in the Blank Checks sector, recently disclosed its operating shortfall for the April to June 2023 period. The company reported a deficit of $-0.817665 million, which shows an improvement compared to the second quarter of 2022 when the operating shortfall was $-0.935446 million. These numbers indicate a positive trend in the company's financial performance.
As emerging businesses like Seaport Global Acquisition II Corp continue to develop their business models, it becomes crucial for them to remain cost-effective to progress towards the next phase. One key aspect for the organization, which is in its emerging stage, is to foster and enhance its business model promptly while ensuring sufficient liquidity to sustain day-to-day operations.
However, despite these efforts, Seaport Global Acquisition II Corp experienced a net loss of $-1.726 million during the April to June 2023 interval, whereas the company had made money during the second quarter of 2022. This highlights the importance of continuous improvement and adaptation in the ever-evolving market environment.

Seaport Global Acquisition Ii Corp

Seaport Global Acquisition II Corp Faces Decline in Corporate Results as Blank Checks Company Reports Reduced ROA in Q1 Fiscal Interval 2023

Seaport Global Acquisition II Corp is a blank check company that entered the financial market in 2021. Blank check companies, or special purpose acquisition companies (SPACs), are created to raise capital and eventually acquire other companies. Seaport Global Acquisition II Corp aims to use its raised capital to acquire companies in the industrial, energy, and technology sectors.
In its first quarter of 2023, Seaport Global Acquisition II Corp reported a return on asset (ROA) of 3.79%, which is above its average ROA of 3.11%. However, its ROA decreased compared to the previous period due to the decline in net income. Moreover, within the Financial sector, 146 other companies had a higher ROA.






 




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