Pharvaris Q2 EPS $(0.69) Down From $(0.40) YoY
Portfolio Pulse from Benzinga Newsdesk
Pharvaris (NASDAQ:PHVS) reported a Q2 loss of $(0.69) per share, a 71.67% increase in losses from $(0.40) per share in the same period last year.
August 07, 2023 | 10:55 am
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NEGATIVE IMPACT
Pharvaris reported a larger loss in Q2 compared to the same period last year, which could negatively impact investor sentiment.
Pharvaris reported a 71.67% increase in losses for Q2 YoY. This indicates a worsening financial performance, which could lead to a negative reaction from the market and a potential decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100