Nxu Q2 EPS $(0.40) Up From $(2.06) YoY
Portfolio Pulse from totan@benzinga.com
Nxu (NASDAQ:NXU) reported Q2 losses of $(0.40) per share, which is an 80.58% increase over losses of $(2.06) per share from the same period last year.
August 14, 2023 | 9:47 pm
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POSITIVE IMPACT
Nxu reported a significant decrease in losses per share in Q2, improving by 80.58% compared to the same period last year.
The significant decrease in losses per share indicates an improvement in Nxu's financial performance compared to the same period last year. This could potentially lead to a positive reaction in the market, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100