China Liberal Education H1 EPS $(2.04) Down From $0.18 YoY, Sales $890.00K Down From $1.36M YoY
Portfolio Pulse from Benzinga Newsdesk
China Liberal Education (NASDAQ:CLEU) reported a significant decline in financial performance for the first half of the year, with EPS dropping from $0.18 to $(2.04) and sales decreasing from $1.36 million to $890,000.
October 11, 2024 | 8:10 pm
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China Liberal Education reported a drastic decline in earnings per share and sales for the first half of the year, indicating significant financial challenges.
The reported EPS of $(2.04) is a significant decline from $0.18, indicating a major downturn in profitability. Additionally, the 34.56% drop in sales suggests declining business performance. These factors are likely to negatively impact the stock price in the short term.
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