Electro-Sensors Q2 EPS $0.00 Down From $0.03 YoY; Sales $2.22M Up From $2.14M YoY
Portfolio Pulse from Benzinga Newsdesk
Electro-Sensors (NASDAQ:ELSE) reported Q2 earnings per share (EPS) of $0.00, down from $0.03 year-over-year (YoY). However, sales increased by 3.74% to $2.22 million from $2.14 million YoY.
August 09, 2024 | 7:20 pm
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Electro-Sensors reported Q2 EPS of $0.00, down from $0.03 YoY, while sales increased by 3.74% to $2.22 million. The mixed results may lead to short-term volatility in the stock price.
The decline in EPS from $0.03 to $0.00 is a negative indicator, but the increase in sales by 3.74% is a positive sign. These mixed results are likely to cause short-term volatility in the stock price as investors digest the news.
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