111 Q1 Adj EPADS $(0.02) Up From $(0.14) YoY, Sales $538.29M Up From $470.49M YoY
Portfolio Pulse from Benzinga Newsdesk
111 Inc. (NASDAQ:YI) reported Q1 adjusted losses of $(0.02) per share, an 85.71% improvement from $(0.14) YoY. Sales increased 14.41% to $538.29 million from $470.49 million YoY.
June 15, 2023 | 7:32 am
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111 Inc. reported Q1 adjusted losses of $(0.02) per share, an 85.71% improvement YoY. Sales increased 14.41% to $538.29 million YoY.
111 Inc. reported a significant improvement in its Q1 adjusted losses, decreasing from $(0.14) to $(0.02) per share YoY. Additionally, the company's sales increased by 14.41% to $538.29 million. This positive financial performance is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100