CORRECTION: Niu Technologies Q2 Adj EPADS $(0.03) Down From $(0.00) YoY, Sales $129.42M Up From $114.30M YoY
Portfolio Pulse from Benzinga Newsdesk
Niu Technologies reported its Q2 financial results, showing an adjusted EPADS of $(0.03), down from $(0.00) year-over-year. However, sales increased to $129.42 million from $114.30 million year-over-year.
August 12, 2024 | 9:07 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Niu Technologies reported mixed Q2 results with a decrease in adjusted EPADS to $(0.03) from $(0.00) YoY, but an increase in sales to $129.42 million from $114.30 million YoY.
The mixed results indicate that while the company is growing its sales, it is facing challenges in profitability. This could lead to a neutral short-term impact on the stock price as investors weigh the positive sales growth against the negative earnings performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100