LIZHI shares are trading lower after the company reported a year-over-year decrease in Q2 EPS results.
Portfolio Pulse from Benzinga Newsdesk
LIZHI Inc. reported a year-over-year decrease in Q2 earnings per share (EPS), leading to a drop in its stock price.
August 30, 2023 | 2:10 pm
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LIZHI Inc.'s Q2 EPS results have decreased year-over-year, which has negatively impacted its stock price.
Earnings per share (EPS) is a key indicator of a company's profitability. A decrease in EPS often leads to a decrease in stock price as it indicates reduced profitability. Therefore, the reported decrease in LIZHI Inc.'s Q2 EPS is likely to have a negative impact on its stock price.
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