Addvantage Technologies Q2 EPS $(0.20) Down From $(0.11) YoY, Sales $12.09M Down From $23.76M YoY
Portfolio Pulse from mahesh@benzinga.com
Addvantage Technologies (NASDAQ:AEY) reported Q2 losses of $(0.20) per share, a 81.82% decrease YoY. The company also reported a 49.12% decrease in sales to $12.09 million YoY.
August 14, 2023 | 8:43 pm
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NEGATIVE IMPACT
Addvantage Technologies reported a significant decrease in Q2 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
The company reported a significant decrease in both earnings and sales compared to the same period last year. This indicates a potential financial instability which could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100