Niu Technologies Q4 EPS $(0.23) Down From $(0.07) YoY, Sales $67.42M Down From $88.77M YoY
Portfolio Pulse from Benzinga Newsdesk
Niu Technologies (NASDAQ:NIU) reported a significant decrease in both earnings per share and sales for Q4, with EPS down to $(0.23) from $(0.07) YoY and sales dropping to $67.42M from $88.77M YoY.
March 18, 2024 | 7:05 am
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NEGATIVE IMPACT
Niu Technologies reported a significant decrease in Q4 earnings and sales, with EPS falling to $(0.23) from $(0.07) YoY and sales decreasing to $67.42M from $88.77M YoY.
The reported decrease in both earnings per share and sales for Niu Technologies is significant and likely to negatively impact investor sentiment in the short term. A drop in EPS of over 228% and a sales decrease of 24.05% YoY are critical indicators of the company's performance challenges.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100