iClick Interactive Asia Group H1 EPS $(2.13) Down From $(2.06) YoY, Revenue $67.133M Down From $85.454M YoY
Portfolio Pulse from Benzinga Newsdesk
iClick Interactive Asia Group reported a decline in both earnings per share (EPS) and revenue for the first half of the year. The EPS worsened to $(2.13) from $(2.06) year-over-year, while revenue decreased to $67.133 million from $85.454 million in the same period last year.
December 13, 2023 | 2:23 pm
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iClick Interactive Asia Group's H1 report indicates a decrease in EPS and revenue compared to the previous year, signaling potential challenges in the company's performance.
The reported decrease in both EPS and revenue is a negative indicator of the company's financial health and performance, which is likely to be viewed unfavorably by investors. This could lead to a decrease in stock price in the short term as the market reacts to the company's lower-than-expected financial results.
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IMPORTANCE 90
RELEVANCE 100