Kandi Technologies Gr Q2 EPS $0.02 Down From $0.06 YoY, Sales $39.15M Up From $35.95M YoY
Portfolio Pulse from Benzinga Newsdesk
Kandi Technologies Group reported Q2 earnings per share (EPS) of $0.02, down from $0.06 year-over-year (YoY). However, sales increased to $39.15 million from $35.95 million YoY.
August 16, 2024 | 11:02 am
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Kandi Technologies Group reported mixed Q2 results with EPS declining to $0.02 from $0.06 YoY, while sales increased to $39.15 million from $35.95 million YoY.
The decline in EPS may concern investors, but the increase in sales could be seen as a positive sign. The mixed results are likely to result in a neutral short-term impact on the stock price.
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RELEVANCE 100