Millennium Group Intl H1 EPS $(0.08) Down From $0.10 YoY, Sales $23.81M Down From $26.33M YoY
Portfolio Pulse from Benzinga Newsdesk
Millennium Group Intl (NASDAQ:MGIH) reported a significant decline in its financial performance for the first half of the year, with an EPS of $(0.08) compared to $0.10 YoY and sales of $23.81M down from $26.33M YoY.
June 26, 2024 | 11:06 am
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Millennium Group Intl (NASDAQ:MGIH) reported a 180% decrease in EPS to $(0.08) and a 9.56% decrease in sales to $23.81M YoY, indicating a significant decline in financial performance.
The significant decline in both EPS and sales indicates a deteriorating financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100