Mingteng International First Half 2024 Earnings: US$0.049 loss per share (vs US$0.11 profit in 1H 2023)

[email protected] (Simply Wall St)
1 min read

In This Article:

Mingteng International (NASDAQ:MTEN) First Half 2024 Results

Key Financial Results

  • Revenue: US$4.65m (up 27% from 1H 2023).

  • Net loss: US$265.8k (down by 147% from US$562.3k profit in 1H 2023).

  • US$0.049 loss per share (down from US$0.11 profit in 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Mingteng International shares are up 28% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Mingteng International has 4 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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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.

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