Greenland Technologies: Q3 Earnings Insights

Greenland Technologies GTEC reported its Q3 earnings results on Monday, November 20, 2023 at 07:00 AM.

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

Earnings

Greenland Technologies missed estimated earnings by 240.0%, reporting an EPS of $-0.07 versus an estimate of $0.05.

Revenue was up $50 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 1.17% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.03 -0.02 0.08 0.13
EPS Actual 0.18 0.11 -0.08 0.10
Revenue Estimate 21.71M 20.55M 23.63M 25.45M
Revenue Actual 23.57M 22.15M 19.13M 21.79M

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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