ZW Data Action Technologies Q3 2023 EPS $(0.21) Down From $(0.40) YoY, Revenue $9.181M Up From $7.216M YoY
Portfolio Pulse from Benzinga Newsdesk
ZW Data Action Technologies reported a Q3 2023 EPS of $(0.21), an improvement from $(0.40) YoY. Revenue increased to $9.181M from $7.216M YoY.

November 20, 2023 | 9:36 pm
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ZW Data Action Technologies (CNET) reported a narrower loss in Q3 2023 with an EPS of $(0.21) compared to $(0.40) YoY, and an increase in revenue to $9.181M from $7.216M YoY.
The improvement in both EPS and revenue for ZW Data Action Technologies suggests a positive financial performance, which is likely to be viewed favorably by investors. The reduced loss and increased revenue indicate operational efficiency and growth, potentially leading to a short-term positive impact on the stock price.
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IMPORTANCE 90
RELEVANCE 100