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CBAK Energy Tech Q2 EPS $0.07, Inline, Sales $47.79M Miss $62.57M Estimate

Author: Benzinga Newsdesk | August 09, 2024 07:03am

CBAK Energy Tech (NASDAQ:CBAT) reported quarterly earnings of $0.07 per share which met the analyst consensus estimate. This is a 333.33 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $47.79 million which missed the analyst consensus estimate of $62.57 million by 23.62 percent. This is a 12.66 percent increase over sales of $42.42 million the same period last year.

Posted In: CBAT


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