Gravitas Education H1 EPADS $(3.15) Down From $19.11 YoY, Sales $18.02M Up From $15.28M YoY
Portfolio Pulse from Happy Mohamed
Gravitas Education (NYSE:GEHI) reported a significant decrease in earnings per share (EPS) from $19.11 last year to $(3.15) this year, a drop of 116.48%. However, the company's sales increased by 17.89% to $18.02 million from $15.28 million in the same period last year.
September 08, 2023 | 8:15 pm
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NEGATIVE IMPACT
Gravitas Education's earnings per share (EPS) significantly decreased by 116.48% year over year, while sales increased by 17.89%.
The significant decrease in Gravitas Education's EPS indicates a decline in profitability, which could negatively impact the company's stock price. However, the increase in sales suggests that the company's revenue generation is improving, which could potentially offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100