MOGU FY EPADS $(2.93) Down From $(1.49) YoY, Sales $33.79M Down From $53.24M YoY
Portfolio Pulse from Benzinga Newsdesk
MOGU reported a 96.64% YoY increase in quarterly losses to $(2.93) per share and a 36.52% decrease in sales to $33.79 million.
June 02, 2023 | 7:24 am
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NEGATIVE IMPACT
MOGU's quarterly losses increased by 96.64% YoY to $(2.93) per share, and sales decreased by 36.52% to $33.79 million.
MOGU's significant increase in losses and decrease in sales indicate a negative financial performance, which is likely to negatively impact the stock price in the short term.
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