17 Education & Technology Q2 Adjusted Earnings Per ADS $(0.76) Down From $(0.40) YoY, Sales $9.29M Down From $9.55M YoY
Portfolio Pulse from Benzinga Newsdesk
17 Education & Technology reported a decrease in Q2 adjusted earnings per ADS to $(0.76) from $(0.40) year-over-year, with sales also declining to $9.29 million from $9.55 million.
September 04, 2024 | 9:15 pm
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17 Education & Technology's Q2 earnings per ADS decreased to $(0.76) from $(0.40) YoY, and sales fell to $9.29M from $9.55M, indicating financial challenges.
The decrease in both earnings per ADS and sales suggests financial difficulties, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100