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Silverspac Inc   (SLVRU)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $10.5100 $0.01 0.095%
Day's High: $10.51 Week Perf: 0.1 %
Day's Low: $ 10.51 30 Day Perf: 0.77 %
Volume (M): 0 52 Wk High: $ 10.97
Volume (M$): $ 4 52 Wk Avg: $10.44
Open: $10.51 52 Wk Low: $10.30



 Market Capitalization (Millions $) 263
 Shares Outstanding (Millions) 25
 Employees -
 Revenues (TTM) (Millions $) 11
 Net Income (TTM) (Millions $) 11
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Silverspac Inc
Silverspac Inc is a technology company specializing in the development and production of electronic devices. They are known for their innovative approach to creating advanced gadgets such as smartphones, tablets, and wearables. Silverspac Inc focuses on cutting-edge technology, sleek design, and user-friendly features to deliver high-quality products to their customers. They have established a reputation for providing reliable and efficient devices that meet the evolving needs of consumers in the digital age.


   Company Address: 7 World Trade Center, 10th Floor New York 10007 NY
   Company Phone Number: 312-9265   Stock Exchange / Ticker: NASDAQ SLVRU
   


   

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Silverspac Inc

Silverspac Inc Shines in Q2 2023 with 150% Surge in Net Profit and 129.807% Revenue Jump


As a reputable financial journalist for the Wall Street Journal, I am excited to share with our esteemed readers the impressive financial results of Silverspac Inc's second quarter of 2023. This renowned company has effortlessly outperformed its previous year's figures, delivering exceptional growth and expansion while solidifying its position in the market.
The financial highlights for Silverspac Inc reflect a remarkable turnaround in its fortunes, exhibiting significant improvements in both its net profit per share and revenue. Net profit per share increased by a staggering 150% to $0.15, a clear indicator of the company's commendable ability to generate greater value for its shareholders. Simultaneously, revenue soared by an impressive 129.807% to reach $5.02 million, further substantiating Silverspac Inc's financial prowess.

Silverspac Inc

Silverspac Inc Faces Alarming Decline in EPS, Sending Shockwaves Across Investor Community

SLVRU investors were met with concerning news as the company's most recent fiscal period showcased a significant drop in income and revenue. The income per share plummeted by -45.45% from $0.11 to $0.06 compared to a year ago, and even more concerning, income faded by -26.27% compared to the previous quarter, from $0.08 per share to $0.06.
Additionally, revenue saw a drastic decrease, fading by -42.541% to $2.16 million from $3.75 million in the same quarter a year ago. Sequentially, revenue tumbled by -31.329% from $3.14 million. Finally, the net earnings of $1.925 million, while still profitable, fell by -44.65% from $3.478 million in the corresponding period a year before.






 

Silverspac Inc's Segments
 
 
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