Yunji Q3 Adj EPS $(0.00), Sales $19.90M Down From $33.58M YoY
Portfolio Pulse from Benzinga Newsdesk
Yunji Inc. (YJ) reported a Q3 adjusted EPS of $(0.00) and sales of $19.90M, which is a 40.74% decrease from $33.58M in the same quarter last year.
December 14, 2023 | 11:03 am
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NEGATIVE IMPACT
Yunji Inc. reported no earnings per share and a significant year-over-year decline in sales for Q3, indicating potential challenges in the company's performance.
The reported decrease in sales of 40.74% YoY is a strong negative signal for the company's financial health and future prospects. This significant drop in revenue could lead to a decrease in investor confidence and a potential decline in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100