AgEagle Aerial Sys Q2 EPS $(0.05) Up From $(0.07) YoY, Sales $3.28M Down From $5.29M YoY
Portfolio Pulse from Benzinga Newsdesk
AgEagle Aerial Sys reported Q2 losses of $(0.05) per share, a 28.57% increase from $(0.07) per share YoY. Sales were reported at $3.28M, a 37.97% decrease from $5.29M YoY.
August 15, 2023 | 8:07 pm
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NEGATIVE IMPACT
AgEagle Aerial Sys reported improved EPS but decreased sales YoY in Q2.
The company reported an increase in EPS, which is a positive sign. However, the significant decrease in sales YoY could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100