SPI Energy Q2 EPS $(0.08), Same YoY, Sales $58.90M Up From $48.58M YoY
Portfolio Pulse from Benzinga Newsdesk
SPI Energy reported Q2 earnings per share (EPS) of $(0.08), unchanged from the same period last year. However, the company's sales increased by 21.23% YoY to $58.90 million, up from $48.58 million.
August 21, 2023 | 7:50 am
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POSITIVE IMPACT
SPI Energy's Q2 earnings remained unchanged YoY, but sales increased by 21.23%. This could indicate a positive trend in the company's revenue generation.
While SPI Energy's earnings per share remained unchanged, the significant increase in sales indicates a positive trend in the company's revenue generation. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100