ReAlpha Tech Corp Q2 EPS $(0.10) Down From $(0.04) YoY, Sales $33.46K Down From $110.62K YoY
Portfolio Pulse from Happy Mohamed
ReAlpha Tech Corp (NASDAQ:AIRE) experienced a significant decline in its Q2 financial performance, with EPS dropping from $(0.04) to $(0.10) YoY and sales decreasing by 69.75% from $110.62K to $33.46K YoY.
December 16, 2023 | 11:36 pm
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ReAlpha Tech Corp reported a 150% increase in losses per share and a 69.75% decrease in sales compared to the same quarter last year.
The reported increase in losses and decrease in sales are strong indicators of poor financial performance, which typically leads to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100