Marygold Companies Q2 EPS $(0.03), Sales $8.46M Down From $8.77M YoY
Portfolio Pulse from Happy Mohamed
Marygold Companies (MGLD) reported a Q2 EPS of $(0.03) and sales of $8.46M, marking a 3.59% decrease from $8.77M in sales YoY.
February 14, 2024 | 10:21 pm
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NEGATIVE IMPACT
Marygold Companies reported a Q2 loss of $(0.03) per share with sales decreasing to $8.46M, a 3.59% drop YoY.
The reported loss in EPS and a decrease in sales YoY are typically viewed negatively by investors, likely leading to a short-term negative impact on MGLD's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100