Steel Connect Q4 EPS $0.29 Down From $0.37 YoY, Sales $40.80M Down From $53.05M YoY
Portfolio Pulse from Benzinga Newsdesk
Steel Connect (NASDAQ:STCN) reported Q4 losses of $(0.29) per share, a 178.38% decrease YoY. The company also reported a 23.08% decrease in sales to $40.80 million YoY.
November 08, 2023 | 11:11 am
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NEGATIVE IMPACT
Steel Connect reported a significant decrease in both earnings and sales for Q4 YoY.
The company reported a significant decrease in both earnings and sales compared to the same period last year. This is likely to negatively impact the company's stock price in the short term.
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