CORRECTION: Jianpu Technology Q2 Adj. EPADS $(0.05) Up From $(0.11) YoY, Sales $39.38M Down From $39.57M YoY
Portfolio Pulse from Benzinga Newsdesk
Jianpu Technology (NYSE:JT) reported Q2 adjusted EPADS of $(0.05), a 54.55% increase from $(0.11) YoY. However, sales were down 0.50% to $39.38M from $39.57M YoY.
August 21, 2023 | 11:35 am
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Jianpu Technology's Q2 results showed improved earnings but slightly decreased sales YoY.
Jianpu Technology's Q2 results showed a significant improvement in earnings, which could be seen as a positive sign by investors. However, the slight decrease in sales could be a concern, potentially offsetting the positive impact of the improved earnings. Therefore, the overall impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100