Trio-Tech Intl Q1 EPS $0.05 Down From $0.21 YoY, Sales $9.97M Down From $11.94M YoY
Portfolio Pulse from Benzinga Newsdesk
Trio-Tech International reported a significant decrease in earnings and sales for Q1, with EPS dropping to $0.05 from $0.21 YoY and sales falling to $9.97M from $11.94M YoY.
November 13, 2023 | 1:56 pm
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NEGATIVE IMPACT
Trio-Tech Intl's Q1 earnings report shows a substantial year-over-year decline in both EPS and sales, indicating potential challenges ahead.
The reported decrease in both earnings per share and sales is a strong indicator of underperformance compared to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100