Recap: Greenland Technologies Q2 Earnings

Greenland Technologies GTEC reported its Q2 earnings results on Friday, August 12, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Greenland Technologies missed estimated earnings by 13.33%, reporting an EPS of $0.13 versus an estimate of $0.15.

Revenue was down $7.60 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 3.81% drop in the share price the next day.

Here's a look at Greenland Technologies's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.09	0.11	0.12	0.11
EPS Actual	0.16	0.03	0.09	0.26
Revenue Estimate	24.36M	24.06M	21.97M	20.60M
Revenue Actual	29.31M	22.90M	23.09M	28.20M

To track all earnings releases for Greenland Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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