Immunovant Q4 EPS $(0.46) Down From $(0.41) YoY
Portfolio Pulse from Benzinga Newsdesk
Immunovant reported a Q4 loss of $0.46 per share, a 12.2% decrease from the same period last year when the loss was $0.41 per share.
May 22, 2023 | 11:04 am
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Immunovant's Q4 earnings show a 12.2% YoY increase in losses, with a loss of $0.46 per share compared to $0.41 last year.
Immunovant's increased losses in Q4 may negatively impact the stock price in the short term as investors may perceive this as a sign of financial weakness. The 12.2% YoY increase in losses is significant and directly affects the company's financial performance.
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IMPORTANCE 80
RELEVANCE 100