Strong Global Q2 EPS $(0.06), Sales $17.84M Up From $8.82M YoY
Portfolio Pulse from bharat@benzinga.com
Strong Global (AMEX:SGE) reported Q2 losses of $(0.06) per share, with sales of $17.84 million, a 102.19% increase from $8.82 million in the same period last year.
August 10, 2023 | 8:19 pm
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NEUTRAL IMPACT
Strong Global reported Q2 losses but a significant increase in sales YoY.
Strong Global reported losses for Q2, which could negatively impact the stock. However, the significant YoY increase in sales could offset this impact, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100