Cheche Group Q1 Adj. EPS $(0.02), Sales $109.02M
Portfolio Pulse from Benzinga Newsdesk
Cheche Group reported its Q1 financial results with an adjusted EPS of $(0.02) and sales of $109.02 million.
May 30, 2024 | 11:18 am
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NEUTRAL IMPACT
Cheche Group reported a Q1 adjusted EPS of $(0.02) and sales of $109.02 million. The negative EPS indicates a loss, but the sales figure shows significant revenue generation.
The negative EPS suggests a loss, which could be a concern for investors. However, the substantial sales figure indicates strong revenue generation. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100