Alvotech Q1 EPS $(1.24) Down From $(0.43) YoY, Sales $15.88M Up From $793.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Alvotech reported Q1 losses of $(1.24) per share, a 188.37% decrease YoY, while sales increased by 1.90K% to $15.88 million compared to $793.00 thousand last year.
May 19, 2023 | 9:06 am
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NEGATIVE IMPACT
Alvotech's Q1 earnings show a significant decrease in EPS and a substantial increase in sales compared to last year.
Alvotech's Q1 earnings report shows a significant decrease in EPS, which may negatively impact the stock price in the short term. However, the substantial increase in sales could indicate potential growth in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100