KORU Medical Systems Sees Prelim. Q2 Net Revenues ~$6.9M vs $7.78M Est.
Portfolio Pulse from Benzinga Newsdesk
KORU Medical Systems has announced preliminary Q2 net revenues of approximately $6.9 million, which is lower than the estimated $7.78 million.
August 04, 2023 | 12:30 pm
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NEGATIVE IMPACT
KORU Medical Systems' Q2 net revenues are lower than expected, which may negatively impact the company's stock price.
KORU Medical Systems' Q2 net revenues are lower than the estimated $7.78 million. This shortfall could lead to a negative market reaction, potentially causing a decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100