Natural Alternatives Intl Q2 EPS $(0.52) Down From $0.31 YoY, Sales $25.20M Down From $42.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Natural Alternatives Intl (NAII) reported a significant decrease in Q2 earnings, with a loss of $(0.52) per share compared to a gain of $0.31 per share YoY. Sales also decreased by 40.42% to $25.20M from $42.30M YoY.
February 13, 2024 | 9:47 pm
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NEGATIVE IMPACT
Natural Alternatives Intl reported a significant decrease in Q2 earnings and sales, indicating a challenging quarter.
The reported loss of $(0.52) per share compared to last year's gain of $0.31 per share, along with a significant sales decrease of 40.42%, suggests a negative short-term impact on NAII's stock price. The drastic change in financial performance is likely to concern investors, potentially leading to a decrease in stock price as market sentiment adjusts to the new earnings report.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100