Yunhong Green CTI Q3 2023 EPS $(0.05) Up From $(0.12) YoY, Sales $1.92M Down From $2.26M YoY
Portfolio Pulse from vinayak@benzinga.com
Yunhong Green CTI (NASDAQ:YHGJ) reported Q3 2023 earnings per share (EPS) of $(0.05), up 58.33% from $(0.12) YoY. However, sales decreased by 15.02% to $1.92M from $2.26M YoY.
November 01, 2023 | 9:22 pm
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NEUTRAL IMPACT
Yunhong Green CTI's Q3 2023 earnings improved, but sales decreased YoY.
The company's improved EPS indicates a better financial performance, which could positively impact the stock. However, the decrease in sales could negatively affect the stock as it suggests a decline in business operations. These two factors could potentially offset each other, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100