111 Q4 Adj EPADS $(0.08), Same YoY, Sales $578.69M Down From $601.44M YoY
Portfolio Pulse from Benzinga Newsdesk
111, Inc. (NASDAQ:YI) reported Q4 adjusted EPS of $(0.08), unchanged YoY, with sales of $578.69M, down 3.78% from $601.44M YoY.
March 21, 2024 | 8:49 am
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111, Inc. (NASDAQ:YI) reported Q4 adjusted EPS of $(0.08), unchanged YoY, with sales of $578.69M, down 3.78% from $601.44M YoY.
The reported earnings show a decrease in sales by 3.78% YoY, which could indicate a negative trend in the company's revenue generation capabilities. The unchanged EPS suggests stability in profitability, but the decrease in sales is likely to be viewed negatively by investors, potentially leading to a short-term decrease in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100