TH International Q1 Adj EPS $(0.12), Sales $48.99M
Portfolio Pulse from Benzinga Newsdesk
TH International (NASDAQ:THCH) reported Q1 adjusted losses of $(0.12) per share and sales of $48.99 million.
May 30, 2023 | 9:33 pm
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TH International reported Q1 adjusted losses of $(0.12) per share and sales of $48.99 million.
TH International reported a quarterly adjusted loss, which is likely to negatively impact the stock price in the short term as investors may perceive this as a sign of poor financial performance. The reported sales of $48.99 million may not be enough to offset the negative sentiment caused by the loss.
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IMPORTANCE 80
RELEVANCE 100