Taoping H1 EPS $(1.10) Up From $(1.26) YoY, Sales $14.08M Up From $7.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Taoping (NASDAQ:TAOP) reported H1 EPS of $(1.10), a 12.7% improvement from $(1.26) YoY. Sales also increased by 92.81% to $14.08M from $7.30M YoY.
September 01, 2023 | 12:06 pm
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POSITIVE IMPACT
Taoping's H1 EPS improved by 12.7% YoY and sales increased by 92.81% YoY, indicating a positive financial performance.
The reported increase in both EPS and sales for Taoping indicates a positive financial performance. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100