Highway Holdings Q3 Net Sales $4.1M, Up 60% YoY, EPS $0.07 vs $0.01 YoY
Portfolio Pulse from Benzinga Newsdesk
Highway Holdings reported a significant increase in its Q3 net sales, reaching $4.1M, which is a 60% rise year-over-year. Earnings per share (EPS) also saw a substantial increase, rising to $0.07 from $0.01 in the same period last year.
February 01, 2024 | 2:32 pm
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Highway Holdings reported a 60% increase in Q3 net sales to $4.1M and a rise in EPS to $0.07 from $0.01 YoY, indicating strong financial performance.
The substantial year-over-year growth in both net sales and EPS for Highway Holdings suggests a strong financial performance for the quarter. This is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term. The significant improvement in key financial metrics makes this news highly relevant and important for investors in HIHO.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100