Spark Networks Q2 EPS $(10.26) Down From $(3.35) YoY, Sales $41.20M Down From $48.03M YoY
Portfolio Pulse from vinayak@benzinga.com
Spark Networks reported Q2 losses of $(10.26) per share, a 206.27% decrease YoY. The company's sales also decreased by 14.23% to $41.20 million compared to $48.03 million in the same period last year.
August 14, 2023 | 9:08 pm
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NEGATIVE IMPACT
Spark Networks' Q2 earnings show a significant decrease in both EPS and sales YoY. This could negatively impact the company's stock price.
The significant decrease in both EPS and sales YoY indicates a poor financial performance by Spark Networks. This could lead to a decrease in investor confidence, potentially driving the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100