Earth Science Tech Q1 Net Income Surges 57%, Cash Flow Doubles
Summary
Earth Science Tech reported Q1 FY2027 net income of $715,697, a 57% jump year-over-year, on revenue of $9.0 million. Operating cash flow more than doubled to $707,131, and diluted EPS rose to $0.003 from $0.001. The company repurchased 3.7 million shares without adding debt, and all key subsidiaries remained profitable. Management will discuss results and a potential exchange uplisting at the Aug. 31 annual meeting, where shareholders will also vote on canceling Series B Preferred Stock. This follows the 10-Q filed earlier today, adding color on cash flow, asset growth, and strategic expansion plans.
At the time of this announcement, ETST was trading at $0.09 on OTC in the Life Sciences sector, with a market capitalization of approximately $26M. The 52-week trading range was $0.00 to $0.24. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: FinanceWire.