Trio-Tech Intl Q2 EPS $0.12, Same YoY, Sales $12.20M Down From $12.39M YoY
Portfolio Pulse from Happy Mohamed
Trio-Tech Intl (TRT) reported its Q2 earnings with an EPS of $0.12, unchanged YoY, and a slight decrease in sales to $12.20M from $12.39M YoY, marking a 1.52% decline.
February 12, 2024 | 1:32 pm
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Trio-Tech Intl reported stable Q2 earnings with an EPS of $0.12, consistent with last year, but experienced a minor sales decline of 1.52% YoY to $12.20M.
The stability in EPS suggests operational efficiency and cost management, which could reassure investors. However, the slight decline in sales might raise concerns about growth prospects. Given the minor nature of the sales decrease, the overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100