Recap: Prenetics Global Q1 Earnings
Portfolio Pulse from Benzinga Insights
Prenetics Global (NASDAQ:PRE) reported Q1 earnings, beating estimated earnings by 33.33% with an EPS of $-0.04 compared to an estimate of $-0.06. However, revenue was down $74.34 million from the same period last year.
June 05, 2023 | 11:05 am
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Prenetics Global's Q1 earnings beat estimates by 33.33%, reporting an EPS of $-0.04. However, revenue was down $74.34 million YoY.
Prenetics Global's Q1 earnings beat estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
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