Highway Holdings Q2 EPS $(0.08) Down From $0.10 YoY, Sales $1.35M Down From $3.04M YoY
Portfolio Pulse from Benzinga Newsdesk
Highway Holdings (NASDAQ:HIHO) reported Q2 losses of $(0.08) per share, a 180% decrease YoY. Sales also decreased by 55.64% to $1.35 million compared to $3.04 million in the same period last year.
October 20, 2023 | 8:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Highway Holdings reported a significant decrease in Q2 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
Highway Holdings reported a significant decrease in both earnings per share and sales compared to the same period last year. This indicates a poor financial performance, which 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