Universal Security Instruments Sees Lower Sales And Net Income For Fiscal Year Ended March 31, 2024, Compared To Prior Year's Net Sales And Operating Results
Portfolio Pulse from Benzinga Newsdesk
Universal Security Instruments (UUU) reported lower sales and net income for the fiscal year ended March 31, 2024, compared to the previous year. This information was disclosed in their 10K filing.
June 27, 2024 | 7:27 pm
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Universal Security Instruments (UUU) reported a decline in sales and net income for the fiscal year ended March 31, 2024, as per their 10K filing. This indicates potential financial challenges and could negatively impact investor sentiment.
The decline in sales and net income suggests that Universal Security Instruments is facing financial difficulties, which could lead to a negative reaction from investors and a potential drop in stock price.
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