Reborn Coffee Q2 EPS $(1.05) Up From $(1.37) YoY; Revenue $1.4M Down From $1.5M YoY
Portfolio Pulse from Benzinga Newsdesk
Reborn Coffee reported a Q2 EPS of $(1.05), an improvement from $(1.37) year-over-year, while revenue decreased to $1.4M from $1.5M.
August 20, 2024 | 12:36 pm
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Reborn Coffee's Q2 earnings show an improved EPS of $(1.05) compared to $(1.37) last year, but revenue has decreased to $1.4M from $1.5M.
The improvement in EPS suggests better cost management or operational efficiency, which is positive. However, the decline in revenue indicates potential challenges in sales or market conditions. These mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100