Marygold Companies Q1 EPS $(0.01) Down From $0.01 YoY, Sales $8.24M Down From $8.92M YoY
Portfolio Pulse from Benzinga Newsdesk
Marygold Companies (AMEX:MGLD) reported a decrease in Q1 earnings to $(0.01) per share, down from $0.01 YoY, and a 7.70% drop in sales to $8.24M from $8.92M YoY.
November 14, 2023 | 1:55 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Marygold Companies reported a 200% decrease in Q1 EPS to $(0.01) from $0.01 YoY and a 7.70% decrease in sales to $8.24M from $8.92M YoY.
The reported decrease in both earnings per share and sales indicates a negative performance for the quarter compared to the previous year. This is likely to be viewed unfavorably by investors, potentially leading to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100