BIT:DALElectronic
Datalogic (BIT:DAL) Stock Faces Profit Questions After Margin Repair
Datalogic went into this earnings print with a stock that had gone nowhere over the past week and was slightly down over the past three months, while a rich P/E multiple sat on top of that flat performance. The Q2 numbers now give investors a clearer focal point. Revenue reached €128.16m and basic earnings per share came in at €0.044, which marks a return to profit after the loss in Q1. For a company known for bar code scanners and industrial data capture, this quarter is focused on whether...