SINOVAC H1 EPS $(0.11) Down From $(0.15) YoY; Sales $121.3M Down From $140.4M YoY
Portfolio Pulse from Benzinga Newsdesk
SINOVAC reported a decrease in its H1 EPS to $(0.11) from $(0.15) year-over-year, and a decline in sales to $121.3 million from $140.4 million year-over-year.
August 16, 2024 | 12:55 pm
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SINOVAC reported a decrease in H1 EPS to $(0.11) from $(0.15) YoY, and a decline in sales to $121.3M from $140.4M YoY, indicating weaker financial performance.
The decrease in both EPS and sales suggests weaker financial performance, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100