51 Talk Online Education Q3 EPADS $(0.64) Down From $(0.46) YoY, Sales $7.83M Up From $4.59M YoY
Portfolio Pulse from Benzinga Newsdesk
51 Talk Online Education (NYSE:COE) experienced a 39.13% increase in losses per share in Q3, reporting $(0.64) compared to $(0.46) YoY. However, sales rose by 70.43%, from $4.59M to $7.83M over the same period.
December 18, 2023 | 12:09 pm
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NEUTRAL IMPACT
51 Talk Online Education reported increased losses per share but also a significant rise in sales for Q3 compared to the same period last year.
The widening loss per share could negatively impact investor sentiment, while the substantial increase in sales might suggest growth potential. The mixed results create uncertainty, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100