Uranium Energy Q2 GAAP EPS $0.01 Down From $0.03 YoY, Sales $116.00K Down From $47.93M YoY
Portfolio Pulse from Benzinga Newsdesk
Uranium Energy (AMEX:UEC) reported a significant decrease in both earnings and sales for Q2, with earnings per share dropping from $0.03 to $0.01 YoY and sales plummeting from $47.93M to $116.00K YoY.
March 11, 2024 | 10:46 am
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Uranium Energy's Q2 report shows a drastic decrease in earnings and sales, with EPS falling to $0.01 from $0.03 YoY and sales decreasing to $116K from $47.93M YoY.
The significant drop in both earnings per share and sales for Uranium Energy indicates a challenging quarter. Such a substantial decrease in financial performance is likely to negatively impact investor sentiment and could lead to a decrease in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100