Marpai Q2 EPS $(1.10) Beats $(1.28) Estimate, Sales $10.05M Beat $8.24M Estimate
Portfolio Pulse from saritha@benzinga.com
Marpai (NASDAQ:MRAI) reported Q2 losses of $(1.10) per share, beating the analyst consensus estimate of $(1.28) by 14.06%. This is a 19.12% increase over losses from the same period last year. The company also reported quarterly sales of $10.05 million, beating the analyst consensus estimate of $8.24 million by 21.93%. This is an 80.80% increase over sales from the same period last year.
August 04, 2023 | 12:55 pm
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POSITIVE IMPACT
Marpai's Q2 results beat analyst estimates with losses per share improving by 19.12% and sales increasing by 80.80% YoY.
Marpai's Q2 results exceeded analyst estimates, which is generally a positive signal to investors. The significant YoY improvement in both losses per share and sales indicates a strong financial performance, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100