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CBAK Energy Tech Q4 EPS $(0.06) Misses $0.01 Estimate, Sales $56.20M Miss $58.86M Estimate

Benzinga ·  Mar 15 06:06

CBAK Energy Tech (NASDAQ:CBAT) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $0.01 by 700 percent. This is a 50 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $56.20 million which missed the analyst consensus estimate of $58.86 million by 4.52 percent. This is a 3.20 percent increase over sales of $54.46 million the same period last year.

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