Globus Maritime Q2 EPS $(0.06) Down From $0.54 YoY, Sales $7.80M Down From $19.14M YoY
Portfolio Pulse from Benzinga Newsdesk
Globus Maritime (NASDAQ:GLBS) reported Q2 losses of $(0.06) per share, a 111.11% decrease from $0.54 per share YoY. Sales also decreased by 59.25% to $7.80 million from $19.14 million YoY.
September 12, 2023 | 8:06 pm
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NEGATIVE IMPACT
Globus Maritime reported a significant decrease in Q2 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
The significant decrease in both earnings and sales YoY indicates a poor financial performance for Globus Maritime. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100