51 Talk Online Education Q1 Adj EPADS $(0.60) Down From $(0.39) YoY, Sales $9.45M Up From $5.55M YoY
Portfolio Pulse from Benzinga Newsdesk
51 Talk Online Education reported its Q1 financial results with an adjusted EPADS of $(0.60), down from $(0.39) year-over-year, and sales of $9.45 million, up from $5.55 million year-over-year.
June 12, 2024 | 10:01 am
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51 Talk Online Education (COE) reported a significant increase in sales to $9.45 million from $5.55 million year-over-year, but its adjusted EPADS fell to $(0.60) from $(0.39) year-over-year.
The increase in sales is a positive indicator of growth, but the decline in adjusted EPADS suggests higher costs or lower margins, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100