ENGlobal Q2 EPS $(0.11) Down From $(0.04) YoY, Sales $9.70M Down From $11.36M YoY
Portfolio Pulse from Benzinga Newsdesk
ENGlobal (NASDAQ:ENG) reported Q2 losses of $(0.11) per share, a 175% decrease YoY. The company's sales also decreased by 14.58% to $9.70 million compared to $11.36 million in the same period last year.
August 10, 2023 | 8:03 pm
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NEGATIVE IMPACT
ENGlobal's Q2 earnings report shows a significant decrease in both earnings per share and sales compared to the same period last year.
ENGlobal's Q2 earnings report shows a significant decrease in both earnings per share and sales compared to the same period last year. This negative financial performance could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100