Rand Capital Q3 Adj EPS $0.29 Down From $0.40 YoY, Sales $1.74M Up From $1.55M YoY
Portfolio Pulse from Benzinga Newsdesk
Rand Capital (NASDAQ:RAND) reported Q3 adjusted earnings of $0.29 per share, a 27.5% decrease from $0.40 per share YoY. However, the company's sales increased by 12.03% to $1.74 million from $1.55 million YoY.
November 06, 2023 | 12:04 pm
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NEGATIVE IMPACT
Rand Capital's Q3 earnings decreased by 27.5% YoY, while sales increased by 12.03% YoY.
The decrease in earnings could negatively impact the company's stock price in the short term. However, the increase in sales might offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100