Ebang Intl Hldgs H1 EPS $(1.25) Up From $(1.50) YoY, Sales $4.09M Down From $25.06M YoY
Portfolio Pulse from Happy Mohamed
Ebang Intl Hldgs (NASDAQ:EBON) reported H1 EPS of $(1.25), up 16.67% from $(1.50) YoY. However, sales were down 83.68% to $4.09M from $25.06M YoY.
August 25, 2023 | 8:07 pm
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Ebang Intl Hldgs reported improved EPS but significantly lower sales YoY.
While the company's EPS has improved, the significant decrease in sales could negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100