Ideanomics Q1 EPS $(0.12) Down From $(0.01) YoY, Sales $10.56M Up From $989.00K YoY
Portfolio Pulse from Happy Mohamed
Ideanomics reported Q1 losses of $(0.12) per share, a 1100% decrease YoY. However, the company's sales increased by 967.95% to $10.56 million compared to $989.00 thousand in the same period last year.
August 04, 2023 | 8:07 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Ideanomics reported a significant YoY decrease in Q1 EPS but a substantial increase in sales.
The significant decrease in EPS could negatively impact the stock price. However, the substantial increase in sales could offset this impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100