Lendway Q3 EPS $0.63 Down From $6.58 YoY
Portfolio Pulse from Benzinga Newsdesk
Lendway reported a significant decrease in Q3 earnings per share (EPS) to $0.63, down from $6.58 in the same quarter of the previous year, marking a 90.43% decline.
November 13, 2023 | 9:44 pm
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Lendway's Q3 EPS has significantly decreased by 90.43% compared to the same period last year, indicating a substantial decline in profitability.
The drastic decrease in EPS is typically seen as a negative indicator of a company's financial health and profitability, which can lead to a decline in stock price as investors may reassess the company's value.
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