Farmmi H1 EPS $0.04 Up From $(0.03) YoY, Sales $60.55M Up From $42.14M YoY
Portfolio Pulse from Happy Mohamed
Farmmi (NASDAQ:FAMI) reported a 233.33% YoY increase in quarterly earnings, with EPS at $0.04, up from a loss of $(0.03) per share last year. Sales also increased by 43.69% YoY to $60.55 million, up from $42.14 million.
August 31, 2023 | 8:31 pm
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POSITIVE IMPACT
Farmmi's strong earnings report, showing significant YoY growth in both EPS and sales, could positively impact its stock price in the short term.
Farmmi's earnings report shows a significant YoY increase in both EPS and sales, which are key indicators of a company's financial health. This positive news could lead to increased investor confidence and demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100