Largo Q2 EPS $(0.23), Down From $(0.09) Last Year; Revenues $28.56M, Down From $53.11M Prior Year
Portfolio Pulse from Benzinga Newsdesk
Largo reported a Q2 EPS of $(0.23), a decline from $(0.09) last year, and revenues of $28.56M, down from $53.11M in the prior year.
August 08, 2024 | 10:08 pm
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Largo reported a Q2 EPS of $(0.23), a decline from $(0.09) last year, and revenues of $28.56M, down from $53.11M in the prior year. This indicates a significant drop in both earnings and revenue.
The significant decline in both EPS and revenues suggests that Largo is facing financial challenges, which is likely to negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100