Aeries Technology Q1 EPS $(0.39), Sales $16.67M Up From $16.33M YoY
Portfolio Pulse from Benzinga Newsdesk
Aeries Technology (NASDAQ:AERT) reported a Q1 EPS loss of $(0.39) with sales of $16.67 million, marking a 2.06% increase from the previous year.
October 15, 2024 | 8:36 pm
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Aeries Technology reported a Q1 EPS loss of $(0.39) and a 2.06% increase in sales to $16.67 million compared to the previous year.
The reported EPS loss of $(0.39) indicates financial challenges, which is a negative signal for investors. Although sales increased by 2.06%, the overall financial performance is likely to impact the stock price negatively in the short term.
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