Arcimoto Q2 EPS $(1.71) Down From $(0.39) YoY
Portfolio Pulse from Happy Mohamed
Arcimoto reported Q2 losses of $1.71 per share, a 338.46% increase from the same period last year when losses were $0.39 per share.
August 24, 2023 | 6:40 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Arcimoto's Q2 losses have significantly increased YoY, which could negatively impact investor sentiment.
Arcimoto's increased losses YoY indicate a worsening financial situation, which could lead to a decrease in stock price as investors may see this as a negative sign. The magnitude of the increase in losses is significant, which could further exacerbate investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100