Lendway Q2 EPS $(0.42) Down From $(0.02) YoY, Sales $16.78M
Portfolio Pulse from Benzinga Newsdesk
Lendway reported a Q2 EPS of $(0.42), a significant decline from $(0.02) year-over-year, with sales of $16.78 million.
August 19, 2024 | 10:14 am
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Lendway's Q2 earnings report shows a significant decline in EPS to $(0.42) from $(0.02) year-over-year, with sales at $16.78 million.
The significant decline in EPS from $(0.02) to $(0.42) indicates worsening profitability, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100