Nxu Q3 EPS $(0.22) Up From $(2.06) YoY, Sales $117.00K
Portfolio Pulse from Benzinga Newsdesk
Nxu (NASDAQ:NXU) reported a significant improvement in its Q3 earnings with a loss of $(0.22) per share compared to a loss of $(2.06) per share in the same quarter last year. Sales for the quarter were $117.00 thousand.
November 13, 2023 | 11:52 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nxu reported a significant year-over-year improvement in its Q3 EPS, reducing losses from $(2.06) to $(0.22) per share, with sales of $117.00K for the quarter.
The substantial reduction in losses per share indicates a strong improvement in Nxu's financial performance, which is likely to be viewed positively by investors. The increase in EPS, even though still a loss, suggests that the company is moving in the right direction, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100