Advent Technologies Hldgs Q2 Adj. EPS $(0.23) Misses $(0.17) Estimate, Sales $1.11M Down From $2.23M YoY
Portfolio Pulse from Benzinga Newsdesk
Advent Technologies Hldgs (NASDAQ:ADN) reported Q2 adjusted EPS of $(0.23), missing the estimate of $(0.17) by 35.29%. This is a 9.52% decrease YoY. The company's sales were $1.11M, a 50.02% decrease YoY.
August 11, 2023 | 11:12 am
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Advent Technologies Hldgs reported a larger than expected loss and a significant decrease in sales YoY.
The company reported a larger than expected loss and a significant decrease in sales compared to the same period last year. This could negatively impact the stock price in the short term.
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IMPORTANCE 100
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