SunCar Technology Group H1 EPS $(0.04) Down From $0.04 YoY
Portfolio Pulse from Benzinga Newsdesk
SunCar Technology Group (NASDAQ:SDA) reported a 200% decrease in earnings per share (EPS) from $0.04 to $(0.04) YoY. However, the company's sales increased by 27.78% to $159.38 million from $124.73 million in the same period last year.
September 28, 2023 | 1:35 pm
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SunCar Technology Group reported a significant decrease in EPS but an increase in sales.
The significant decrease in EPS indicates a decline in profitability, which could negatively impact the stock price. However, the increase in sales could offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100