Koss Q1 EPS $(0.05) Down From $(0.03) YoY, Sales $3.20M Down From $3.37M YoY
Portfolio Pulse from Benzinga Newsdesk
Koss Corporation reported a decrease in its Q1 earnings per share (EPS) to $(0.05) from $(0.03) year-over-year, and a decline in sales to $3.20 million from $3.37 million year-over-year.
October 31, 2024 | 9:20 pm
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NEGATIVE IMPACT
Koss Corporation's Q1 financial results show a decline in both earnings per share and sales compared to the previous year, indicating potential challenges in revenue generation.
The decrease in EPS and sales suggests financial challenges for Koss, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100