Highway Holdings Q2 EPS $0.05, Same YoY, Sales $2.12M Up From $1.32M YoY
Portfolio Pulse from Benzinga Newsdesk
Highway Holdings (NASDAQ:HIHO) reported Q2 earnings per share of $0.05, unchanged from last year, with a significant sales increase of 60.14% to $2.12 million.
October 10, 2024 | 8:00 pm
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Highway Holdings reported Q2 EPS of $0.05, unchanged YoY, but sales increased by 60.14% to $2.12M, indicating strong revenue growth.
The unchanged EPS suggests stable profitability, while the significant increase in sales indicates strong revenue growth, which is positive for the company's financial health and could lead to a positive short-term impact on the stock price.
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