Precision Optics Corp Q2 EPS $(0.13) Down From $0.11 YoY, Sales $4.82M Down From $5.89M YoY
Portfolio Pulse from Benzinga Newsdesk
Precision Optics Corp (NASDAQ:POCI) reported a significant decrease in both earnings and sales for Q2, with EPS dropping to $(0.13) from $0.11 YoY and sales falling to $4.82M from $5.89M YoY.
February 14, 2024 | 9:47 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Precision Optics Corp reported a significant drop in Q2 earnings and sales, with EPS falling to $(0.13) from $0.11 YoY and sales decreasing to $4.82M from $5.89M YoY.
The reported decrease in both earnings per share (EPS) and sales indicates a significant underperformance by Precision Optics Corp compared to the previous year. This negative financial performance is likely to impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100