TechPrecision Q2 2024 EPS $(0.06) Down From $0.04 YoY, Revenue $7.970M Down From $8.522M YoY,
Portfolio Pulse from Benzinga Newsdesk
TechPrecision Corporation reported a decrease in earnings per share (EPS) to $(0.06) in Q2 2024 from $0.04 in the same quarter of the previous year. Revenue also declined to $7.970 million from $8.522 million year-over-year.
November 20, 2023 | 9:11 pm
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TechPrecision Corporation experienced a decline in both EPS and revenue in Q2 2024 compared to the same quarter last year, indicating a potential negative impact on the stock price in the short term.
The reported decrease in both EPS and revenue is a negative indicator for the company's financial performance and could lead to bearish investor sentiment in the short term. As these are key financial metrics, they are likely to have a significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100