Alpha Pro Tech Q2 EPS $0.10 Up From $0.05 YoY, Sales $16.11M Down From $17.37M YoY
Portfolio Pulse from Benzinga Newsdesk
Alpha Pro Tech (AMEX:APT) reported Q2 earnings of $0.10 per share, a 100% increase YoY. However, sales decreased by 7.24% to $16.11 million compared to $17.37 million in the same period last year.
August 08, 2023 | 1:08 pm
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NEUTRAL IMPACT
Alpha Pro Tech reported a 100% increase in Q2 earnings YoY but a 7.24% decrease in sales. This mixed report may lead to uncertain market reactions.
While the increase in earnings is a positive sign, the decrease in sales could be a concern for investors. The mixed results make it difficult to predict the short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100