Aeries Technology Q3 EPS $(1.08), Sales $18.90M Up From $12.69M YoY
Portfolio Pulse from saritha@benzinga.com
Aeries Technology (NASDAQ:AERT) reported a Q3 loss of $(1.08) per share with sales reaching $18.90M, marking a 48.90% increase from $12.69M in the same period last year.
February 22, 2024 | 1:46 pm
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Aeries Technology reported a Q3 loss of $(1.08) per share, with a significant increase in sales to $18.90M from $12.69M YoY.
Despite the reported loss per share, the substantial increase in sales (48.90% YoY) is likely to be viewed positively by investors, indicating potential growth and improved performance. This could lead to a positive short-term impact on AERT's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100