JRSH - Jerash Holdings GAAP EPS of $0.14 beats by $0.02 revenue of $33.4M misses by $0.69M
- Jerash Holdings press release ( NASDAQ: JRSH ): FQ1 GAAP EPS of $0.14 beats by $0.02 .
- Revenue of $33.4M (+11.7% Y/Y) misses by $0.69M .
- FY2023 Outlook : Revenue: $41M to $43M vs. consensus of $160.36M; Gross margin: 16% to 18%.
- "We continue to focus on enhancing our ESG efforts in everything we do, including the construction of a high-quality, energy-efficient, contemporary living space, which is expected to be completed this fall. We plan to move approximately 1,500 of our multi-national workers to this new dormitory at the end of 2022, which, in turn, will save our company about $500,000 in rental expenses next year."
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Jerash Holdings GAAP EPS of $0.14 beats by $0.02, revenue of $33.4M misses by $0.69M