UPDATE: 51 Talk Online Education Q2 EPADS $(0.48) Down From $(0.05) YoY, Sales $6.26M Up From $3.53M YoY
Portfolio Pulse from Happy Mohamed
51 Talk Online Education (NYSE:COE) reported a Q2 loss of $0.48 per share, a 860% decrease YoY. However, the company's sales increased by 77.54% to $6.26 million compared to $3.53 million in the same period last year.
August 25, 2023 | 12:36 pm
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NEUTRAL IMPACT
51 Talk Online Education reported a significant YoY decrease in EPS but a substantial increase in sales for Q2.
The company's significant loss per share might negatively impact the stock price. However, the substantial increase in sales could offset this negative impact, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100