Sep. 19 at 5:05 PM
$PPIH down 26.4% since earnings — what's the deal? 📉
Despite a 27.7% revenue boost for the fiscal Q2, earnings per share dropped to 10 cents from 40 cents in the prior-year quarter, with net income plunging 74% due to higher G&A expenses, including a
$2.1M one-time CEO exit charge.
Full breakdown here 👉 https://www.zacks.com/stock/news/2754172/ppihs-q2-earnings-down-yy-sales-rise-on-strong-middle-east-demand?cid=sm-stocktwits-2-2754172-body-13342&ADID=SYND_STOCKTWITS_TWEET_2_2754172_BODY_13342