NI Holdings Q2 EPS $(0.38) Up From $(2.15) YoY, Sales $94.15M Up From $84.50M YoY
Portfolio Pulse from Benzinga Newsdesk
NI Holdings (NASDAQ:NODK) reported Q2 losses of $(0.38) per share, an 82.33% increase over losses of $(2.15) per share from the same period last year. The company also reported $94.15 million in sales this quarter, an 11.42% increase over sales of $84.50 million the same period last year.
August 08, 2023 | 9:44 pm
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POSITIVE IMPACT
NI Holdings reported improved Q2 results with reduced losses and increased sales compared to the same period last year.
NI Holdings reported a significant reduction in losses and an increase in sales for Q2 compared to the same period last year. This indicates improved financial performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100