ZW Data Action Tech Q1 EPS $(0.16) Down From $(0.10) YoY, Sales $6.32M Down From $7.65M YoY
Portfolio Pulse from Benzinga Newsdesk
ZW Data Action Tech (NASDAQ:CNET) reported Q1 losses of $(0.16) per share, a 60% decrease YoY, and sales of $6.32M, a 17.41% decrease YoY.
May 22, 2023 | 8:33 pm
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NEGATIVE IMPACT
CNET reported a 60% YoY increase in Q1 losses and a 17.41% YoY decrease in sales.
ZW Data Action Tech (CNET) reported a significant increase in losses and a decrease in sales compared to the same period last year. This negative financial performance is likely to have a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100