Senmiao Tech Q1 EPS $(0.05) Down From $0.05 YoY, Sales $2.09M Down From $2.34M YoY
Portfolio Pulse from Benzinga Newsdesk
Senmiao Tech (NASDAQ:AIHS) reported Q1 losses of $(0.05) per share, a 200% decrease from $0.05 per share YoY. Sales also decreased by 10.56% to $2.09 million from $2.34 million YoY.
August 14, 2023 | 9:07 pm
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NEGATIVE IMPACT
Senmiao Tech reported a significant decrease in Q1 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
Senmiao Tech 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 investor confidence and a subsequent drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100