Chanson International H1 2024 EPS $0.002 Down From $0.027 YoY; Revenue $7.54M Down From $8.81M YoY
Portfolio Pulse from Benzinga Newsdesk
Chanson International reported a significant decline in its financial performance for H1 2024, with EPS dropping to $0.002 from $0.027 YoY, and revenue decreasing to $7.54M from $8.81M YoY. Gross profit and net income also saw declines.
September 27, 2024 | 8:07 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Chanson International's H1 2024 financial results show a significant decline in earnings per share, revenue, gross profit, and net income compared to the previous year.
The significant drop in EPS from $0.027 to $0.002 and revenue from $8.81M to $7.54M indicates a weaker financial performance, likely leading to negative investor sentiment and a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100