36KR Holdings Q3 Adj. EPS $(0.06) Down From $0.02 YoY, Sales $13.29M Down From $13.30M YoY
Portfolio Pulse from Benzinga Newsdesk
36KR Holdings (NASDAQ:KRKR) reported Q3 earnings of $0.06 per share, a significant increase from $0.02 per share YoY. However, sales slightly decreased to $13.29M from $13.30M YoY.
December 07, 2023 | 9:08 am
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36KR Holdings reported a substantial increase in Q3 EPS to $0.06, up from $0.02 YoY, but a slight decrease in sales to $13.29M from $13.30M YoY.
The significant increase in EPS is likely to be viewed positively by investors, indicating improved profitability. The minor decrease in sales is unlikely to overshadow the positive earnings report, suggesting a potential short-term positive impact on KRKR's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100