Nanophase Technologies Q2 EPS $0.01, Same YoY, Sales $13.05M Up From $11.87M YoY
Portfolio Pulse from Benzinga Newsdesk
Nanophase Technologies reported Q2 earnings per share (EPS) of $0.01, unchanged from the same period last year. The company saw a 9.89% increase in sales, reaching $13.05 million compared to $11.87 million in the same period last year.
August 06, 2024 | 8:40 pm
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Nanophase Technologies reported Q2 EPS of $0.01, unchanged YoY, with a 9.89% increase in sales to $13.05 million.
The increase in sales by 9.89% is a positive indicator of growth, which could lead to a short-term positive impact on the stock price. However, the unchanged EPS suggests that profitability has not improved, which may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100