Niu Technologies Q1 EPS $(0.10) Up From $(0.11) YoY, Sales $69.90M Up From $60.75M YoY
Portfolio Pulse from Benzinga Newsdesk
Niu Technologies (NASDAQ:NIU) reported a quarterly loss of $(0.10) per share, an improvement from $(0.11) per share last year. Sales increased by 15.06% to $69.90 million from $60.75 million.
May 20, 2024 | 7:06 am
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Niu Technologies reported a quarterly loss of $(0.10) per share, an improvement from $(0.11) per share last year. Sales increased by 15.06% to $69.90 million.
The improvement in EPS and significant increase in sales are positive indicators for Niu Technologies. This suggests better financial health and growth potential, likely leading to a positive short-term impact on the stock price.
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