MGO Global Q2 EPS $(0.09) Down From $(0.07) YoY, Sales $1.95M Up From $96.83K YoY
Portfolio Pulse from Happy Mohamed
MGO Global (NASDAQ:MGOL) reported Q2 losses of $(0.09) per share, a 28.57% decrease YoY. However, the company's sales increased by 1.91K% to $1.95 million compared to $96.83 thousand in the same period last year.
August 15, 2023 | 12:54 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
MGO Global's Q2 earnings report shows a significant increase in sales but also a larger loss per share compared to last year.
While MGO Global's sales have significantly increased, the company also reported a larger loss per share. This mixed result could lead to uncertainty among investors, potentially causing short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100