Hour Loop: Hour Loop, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Hour Loop, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 28.07 million compared to USD 22.42 million a year ago. Net income was USD 0.64915 million compared to net loss of USD 0.769368 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to diluted loss per share from continuing operations of USD 0.02 a year ago. For the six months, sales was USD 52.75 million compared to USD 43.49 million a year ago. Net income was USD 1.71 million compared to net loss of USD 2 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to basic loss per share from continuing operations of USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.06 a year ago.