NPST posts 50% Q2 revenue jump as stock falls 3.7%
In short
NPST reported a 50% rise in revenue in the second quarter. BusinessLine said the stock fell 3.7% even though net profit rose 34% year on year.
What the reporting says
NPST posted a 50% revenue jump in the second quarter, while the stock fell 3.7% despite net profit rising 34% year on year, according to the BusinessLine market summary. The figures point to strong operating growth, but the share price still moved lower.
Why it matters
NPST reported a 50% revenue jump in the second quarter, and the BusinessLine summary said net profit rose 34% year on year. Despite that, the stock fell 3.7%.