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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100