Sacks Parente Golf Q3 EPS $(0.09) Down From $(0.05) YoY, Sales $95.00K Up From $48.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Sacks Parente Golf (NASDAQ:SPGC) reported Q3 losses of $(0.09) per share, an 80% decrease YoY. However, the company's sales increased by 97.92% to $95.00K from $48.00K YoY.
November 09, 2023 | 1:23 pm
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NEUTRAL IMPACT
Sacks Parente Golf reported a significant decrease in EPS but a substantial increase in sales YoY.
The company's EPS has decreased significantly, which could negatively impact the stock price. However, the substantial increase in sales could offset this negative impact, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100