HPCO Hempacco Company Inc

Shares of hemp and alternative nicotine products provider Hempacco (NASDAQ:HPCO) are soaring today after the company’s top-line for the first half of 2022 surged by about 486% over the prior year to $2.8 million. The Co-founder and CEO of the company Sandro Piancone exuberated, “Revenue growth accelerated in the second quarter this year, up ~93% over our Q1 revenues, with gross operating margins increasing from 18% to 25%.” Piancone added, “In addition, a strong focus on cost controls reduced our operating expenses by 45% in the same period, a key driver to our achieving breakeven EPS in Q2 this year.
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