Gogoro Q2 EPS $(0.08) Down From $(0.02) YoY, Sales $80.94M Down From $87.25M YoY
Portfolio Pulse from Benzinga Newsdesk
Gogoro (NASDAQ:GGR) reported a Q2 EPS of $(0.08), a significant decline from $(0.02) YoY, and sales of $80.94M, down 7.22% from $87.25M YoY.
August 15, 2024 | 10:06 am
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NEGATIVE IMPACT
Gogoro reported a Q2 EPS of $(0.08), a 300% decline from $(0.02) YoY, and sales of $80.94M, down 7.22% from $87.25M YoY. This indicates significant financial challenges.
The significant decline in both EPS and sales indicates financial challenges for Gogoro, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100