TIAN RUIXIANG Holdings Reports FY23 EPS Of $(3.87) Vs $(9.03) Last Year; Revenue Decrease By 8.0% To $1.2M
Portfolio Pulse from Benzinga Newsdesk
TIAN RUIXIANG Holdings reported a FY23 EPS of $(3.87), an improvement from $(9.03) last year. However, revenue decreased by 8.0% to $1.2M.
July 17, 2024 | 9:46 pm
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NEUTRAL IMPACT
TIAN RUIXIANG Holdings reported a FY23 EPS of $(3.87), an improvement from $(9.03) last year. However, revenue decreased by 8.0% to $1.2M.
The improvement in EPS from $(9.03) to $(3.87) is a positive sign, indicating better cost management or operational efficiency. However, the 8.0% decrease in revenue to $1.2M is a concern, suggesting potential issues in sales or market demand. The mixed results are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100