Niu Technologies Q2 EPS $(0.00) Down From $0.03 YoY, Sales $114.30M Down From $123.56M YoY
Portfolio Pulse from Benzinga Newsdesk
Niu Technologies reported Q2 losses of $(0.00) per share, a 103.33% decrease YoY. The company's sales also decreased by 7.50% to $114.30 million compared to $123.56 million in the same period last year.
August 14, 2023 | 7:31 am
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Niu Technologies reported a significant decrease in Q2 earnings and sales compared to the same period last year.
Niu Technologies reported a significant decrease in both earnings and sales for Q2 compared to the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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