Precision Optics Q1 Revenue $4.3M, Down 15% YoY; EPS $(0.08)
Portfolio Pulse from Benzinga Newsdesk
Precision Optics Corporation reported a 15% year-over-year decline in Q1 revenue, totaling $4.3 million. The company also reported a loss per share of $(0.08) for the quarter.
November 14, 2023 | 10:16 pm
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Precision Optics Corporation (POCI) experienced a decrease in Q1 revenue by 15% YoY and reported an EPS loss of $(0.08).
The reported decline in revenue and the loss per share are negative indicators that are likely to be viewed unfavorably by investors, potentially leading to a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100