Huize Holding Q1 Adjusted EPADS $0.01 Down From $0.05 YoY, Sales $42.98M Down From $43.52M YoY
Portfolio Pulse from Benzinga Newsdesk
Huize Holding (NASDAQ:HUIZ) reported a significant decrease in its Q1 adjusted earnings per ADS, dropping from $0.05 to $0.01 year-over-year. Sales also saw a slight decline from $43.52 million to $42.98 million.
May 23, 2024 | 10:06 pm
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Huize Holding reported a significant drop in Q1 adjusted earnings per ADS, down 80% YoY to $0.01. Sales also slightly decreased to $42.98M from $43.52M.
The significant drop in earnings per ADS and slight decrease in sales are likely to negatively impact investor sentiment and the stock price in the short term.
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