- United States
- /
- Machinery
- /
- NasdaqCM:HIHO
Highway Holdings Second Quarter 2024 Earnings: EPS: US$0.05 (vs US$0.097 in 2Q 2023)
Highway Holdings (NASDAQ:HIHO) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$1.32m (down 57% from 2Q 2023).
- Net income: US$213.0k (down 46% from 2Q 2023).
- Profit margin: 16% (up from 13% in 2Q 2023). The increase in margin was driven by lower expenses.
- EPS: US$0.05 (down from US$0.097 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Highway Holdings shares are down 3.0% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 4 warning signs for Highway Holdings you should be aware of, and 3 of them are potentially serious.
Valuation is complex, but we're here to simplify it.
Discover if Highway Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:HIHO
Highway Holdings
Manufactures and sells metal, plastic, electric, and electronic parts and components, subassemblies, and finished products in Hong Kong and China, Europe, and North America.
Flawless balance sheet low.
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