Fly-E Group Posts Second-Quarter GAAP EPS Loss of $1.07 Per Share

Fly-E Group, Inc. posted second-quarter GAAP earnings per share (EPS) of -$1.07, giving investors a per-share measure of how the electric-bike company performed in its latest quarter.

EPS expresses company earnings or loss on a per-share basis; the negative figure indicates a loss under the reported GAAP measure. Fly-E Group sells electric bikes, motorcycles, scooters and accessories under the Fly E-Bike brand. It operated four U.S. retail stores as of July 23.