Kandi Technologies Q1 EPS $0.01, Same YoY, Sales $20.70M Down From $22.86M YoY
Portfolio Pulse from Benzinga Newsdesk
Kandi Technologies (NASDAQ: KNDI) reported Q1 earnings per share of $0.01, unchanged from last year, with sales of $20.70 million, a 9.46% decrease from $22.86 million in the same period last year.
May 16, 2024 | 11:02 am
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Kandi Technologies reported Q1 earnings per share of $0.01, unchanged from last year, with sales of $20.70 million, a 9.46% decrease from $22.86 million in the same period last year.
The unchanged EPS indicates stable profitability, but the significant drop in sales suggests potential challenges in revenue generation, likely leading to a negative short-term impact on the stock price.
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