Naas Technology Q3 Adj EPADS $(0.07) Down From $(0.06) YoY, Sales $5.27M Up From $1.58M YoY
Portfolio Pulse from Benzinga Newsdesk
Naas Technology reported Q3 adjusted EPADS of $(0.07), a 16.67% decrease YoY, while sales increased 232.87% to $5.27M from $1.58M YoY.
June 16, 2023 | 10:33 am
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Naas Technology's Q3 earnings show a 16.67% YoY decrease in EPADS to $(0.07), but a 232.87% increase in sales to $5.27M.
The decrease in EPADS indicates a decline in profitability, while the significant increase in sales shows strong revenue growth. These mixed results make it difficult to predict the short-term price direction for Naas Technology's stock.
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