Strong Global Q2 EPS $(0.07) Down From $(0.06) YoY, Sales $8.12M Up From $6.84M YoY
Portfolio Pulse from Benzinga Newsdesk
Strong Global (AMEX:SGE) reported Q2 losses of $(0.07) per share, a 16.67% decrease from $(0.06) per share YoY. Sales increased by 18.68% to $8.12 million from $6.84 million YoY.

August 14, 2024 | 8:46 pm
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Strong Global (AMEX:SGE) reported Q2 losses of $(0.07) per share, a 16.67% decrease from $(0.06) per share YoY. Sales increased by 18.68% to $8.12 million from $6.84 million YoY.
While the company reported a higher loss per share compared to the same period last year, the significant increase in sales is a positive indicator. The mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100