Trio-Tech Intl Q4 EPS $0.04 Down From $0.19 YoY, Sales $9.08M Down From $11.83M YoY
Portfolio Pulse from Happy Mohamed
Trio-Tech Intl (AMEX:TRT) reported a decrease in Q4 earnings and sales YoY. Earnings per share fell by 78.95% to $0.04 from $0.19, and sales dropped by 23.28% to $9.08 million from $11.83 million.
September 27, 2023 | 3:10 pm
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NEGATIVE IMPACT
Trio-Tech Intl's Q4 earnings and sales have significantly decreased YoY, which could negatively impact the company's stock price.
The significant decrease in both earnings and sales indicates a potential financial instability in the company, which could lead to a decrease in investor confidence and a subsequent drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100