iHuman Q2 Adj EPADS $0.11 Up From $0.07 YoY, Sales $33.23M Down From $34.43M YoY
Portfolio Pulse from Benzinga Newsdesk
iHuman (NYSE:IH) reported Q2 earnings of $0.11 per share, a 57.14% increase YoY. However, sales decreased by 3.47% to $33.23 million compared to $34.43 million in the same period last year.
September 21, 2023 | 8:24 am
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NEUTRAL IMPACT
iHuman's Q2 earnings per share increased by 57.14% YoY, but sales decreased by 3.47%.
The increase in earnings per share indicates improved profitability, which is a positive sign for investors. However, the decrease in sales could be a concern as it might indicate a slowdown in business. The net impact on the stock price could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100