- Highway Holdings press release ( NASDAQ: HIHO ): Q1 GAAP EPS of $0.09.
- Revenue of $2.94M (-2.0% Y/Y).
- Gross profit for the 2023 fiscal first quarter was $1,052,000 compared with $930,000 in the same quarter a year ago, with gross profit as a percentage of sales approximately 35.7 percent compared with 31 percent a year ago – representing a 4.7 percent improvement compared with last year.
- Kohl highlighted the company’s solid financial position, with cash and cash equivalents of $6.4 million exceeding combined short and long-term liabilities by $2.0 million.
- At June 30, 2022, the company had working capital of $8.2 million.
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Highway Holdings GAAP EPS of $0.09, revenue of $2.94M