Niu Technologies Q2 Adj EPADS $(0.03) Down From $(0.00) YoY, Sales $21.97M Down From $114.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Niu Technologies reported a Q2 adjusted EPADS of $(0.03), down from $(0.00) year-over-year, and sales of $21.97 million, down from $114.30 million year-over-year.
August 12, 2024 | 7:09 am
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Niu Technologies reported a significant decline in both adjusted EPADS and sales for Q2. Adjusted EPADS fell to $(0.03) from $(0.00) year-over-year, and sales dropped to $21.97 million from $114.30 million year-over-year.
The significant year-over-year decline in both adjusted EPADS and sales indicates potential financial struggles for Niu Technologies. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100