ENGlobal Reports Q2 Net Loss Of $(1.2)M; Revenues $6.1M, Down 37% Y/Y
Portfolio Pulse from Benzinga Newsdesk
ENGlobal reported a Q2 net loss of $1.2 million and revenues of $6.1 million, which is a 37% decrease year-over-year.
August 08, 2024 | 11:47 am
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ENGlobal reported a Q2 net loss of $1.2 million and revenues of $6.1 million, which is a 37% decrease year-over-year.
The significant year-over-year decline in revenues and the net loss reported for Q2 are likely to negatively impact investor sentiment and the stock price in the short term.
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