Lizhi Q2 Ad Earnings Per ADS $0.05 Down From $0.07 YoY, Sales $81.80M Up From $76.99M YoY
Portfolio Pulse from Benzinga Newsdesk
Lizhi (NASDAQ:LIZI) reported Q2 earnings of $0.05 per ADS, a 28.57% decrease YoY. However, the company's sales increased by 6.24% to $81.80 million compared to $76.99 million in the same period last year.
August 29, 2023 | 9:02 pm
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NEUTRAL IMPACT
Lizhi's Q2 earnings per ADS decreased by 28.57% YoY, but sales increased by 6.24%.
While Lizhi's earnings per ADS decreased, the company's sales increased. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100