Universal Security Q2 EPS $(0.08) Down From $0.09 YoY, Sales $3.72M Down From $5.86M YoY
Portfolio Pulse from Benzinga Newsdesk
Universal Security (AMEX:UUU) reported a significant decrease in Q2 earnings and sales year-over-year, with EPS dropping to $(0.08) from $0.09 and sales falling to $3.72M from $5.86M.
November 20, 2023 | 12:37 pm
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NEGATIVE IMPACT
Universal Security reported a 188.89% decrease in EPS and a 36.54% decrease in sales compared to the same quarter last year.
The reported decrease in both earnings and sales is substantial and likely to negatively impact investor sentiment and the stock price of Universal Security in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100