Quhuo H1 EPS $(0.09) Down From $(0.01) YoY, Sales $221.91M Down From $239.45M YoY
Portfolio Pulse from Benzinga Newsdesk
Quhuo (NASDAQ:QH) reported a significant increase in losses for H1, with EPS at $(0.09) compared to $(0.01) last year, and a 7.32% decrease in sales to $221.91 million.
August 28, 2024 | 10:05 am
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NEGATIVE IMPACT
Quhuo's financial performance has deteriorated significantly, with an 800% increase in losses per share and a 7.32% drop in sales year-over-year.
The 800% increase in losses per share and a notable decline in sales indicate worsening financial health, likely leading to negative investor sentiment and short-term stock price pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100