Kandi Q3 2023 EPS $0.02 Vs $0.01 YoY, Revenue $36.4M
Portfolio Pulse from Benzinga Newsdesk
Kandi Technologies Group, Inc. reported its Q3 2023 earnings per share (EPS) at $0.08, which is an increase from $0.03 year-over-year (YoY). The company's revenue for the quarter was $36.4 million.
November 08, 2023 | 12:02 pm
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POSITIVE IMPACT
Kandi Technologies' Q3 2023 earnings have increased YoY, indicating a positive financial performance. This could potentially lead to a positive impact on the company's stock.
The increase in Kandi Technologies' EPS indicates improved profitability, which is a positive signal to investors. This could lead to increased demand for the company's stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100