Alithya Group Q3 EPS $0.03 Up From $(0.04) YoY, Sales $88.53M Down From $97.37M YoY
Portfolio Pulse from totan@benzinga.com
Alithya Group (NASDAQ:ALYA) reported a Q3 EPS of $0.03, up from a loss of $(0.04) YoY, but saw a decrease in sales to $88.53M from $97.37M YoY.
February 14, 2024 | 12:20 pm
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NEUTRAL IMPACT
Alithya Group reported a positive shift in its Q3 EPS to $0.03 from a loss of $(0.04) YoY, but experienced a sales decline of 9.07% to $88.53M from $97.37M YoY.
The positive EPS indicates improved profitability, which could be seen favorably by investors. However, the decline in sales suggests potential challenges in revenue growth, creating a mixed short-term outlook. The net impact on the stock price could be neutral as investors weigh these factors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100