- Highway Holdings press release ( NASDAQ: HIHO ): Q2 GAAP EPS of $0.10.
- Revenue of $3M (-11.8% Y/Y).
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The Company noted that its balance sheet remains strong, with cash and cash equivalents in excess of $6 million, or approximately $1.4 per diluted share, exceeding all of its short- and long-term liabilities by approximately $1.5 million, with a $12.5 million dollar balance of current assets. Total shareholders' equity at September 30, 2022 was $9.7 million, or $2.3 per diluted share.
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Highway Holdings GAAP EPS of $0.10, revenue of $3M