Micromobility com Q3 EPS $(0.06), Sales $1.55M Down From $3.67M YoY
Portfolio Pulse from Benzinga Newsdesk
Micromobility com (NASDAQ:MCOM) reported a Q3 loss of $(0.06) per share with sales of $1.55M, a significant decrease from $3.67M in the same quarter last year, representing a 57.71% decline in sales year-over-year.
November 14, 2023 | 10:31 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Micromobility com reported a Q3 EPS loss of $(0.06) and a significant decrease in sales to $1.55M from $3.67M YoY, indicating a 57.71% drop in revenue.
The reported loss in EPS and the substantial year-over-year decline in sales are strong indicators of underperformance, which are likely to negatively impact investor sentiment and the stock price of Micromobility com in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100