Mullen Automotive Q3 EPS $(11.14) Down From $(4.00) YoY, Sales $308.00K
Portfolio Pulse from Happy Mohamed
Mullen Automotive reported Q3 losses of $(11.14) per share, a 178.5% decrease from $(4.00) per share YoY. The company also reported $308.00 thousand in sales this quarter.
August 14, 2023 | 1:20 pm
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NEGATIVE IMPACT
Mullen Automotive's Q3 earnings report shows a significant increase in losses per share YoY, which could negatively impact investor sentiment.
Mullen Automotive's Q3 earnings report shows a significant increase in losses per share compared to the same period last year. This indicates that the company's financial performance has deteriorated, which could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100