
• Reported GAAP EPS of $0.09 • Reported revenue of $41.77M up 18.04% YoY • Jerash Holdings expects fiscal 2026 fourth quarter revenue to increase by 23-26% over $29.3 million, targeting record annual revenue for fiscal 2026, with gross margin anticipated around 14-16%.
Bullish
Jerash Holdings saw increased demand from core and new customers, driving strong Q3 results. The company is expanding production capacity by over 40% and improving operational flexibility for future growth.
Bearish
Jerash Holdings experienced increased operating expenses due to higher sales volumes and recruitment costs, along with rising other expenses from financing needs and exchange losses, and anticipates Q4 gross margin compression.