Merus Q2 EPS $(0.66) Down From $(0.13) YoY, Sales $10.48M Down From $12.68M YoY
Portfolio Pulse from Benzinga Newsdesk
Merus (NASDAQ:MRUS) reported Q2 losses of $(0.66) per share, a 407.69% decrease YoY. The company also reported a 17.41% decrease in sales to $10.48 million YoY.
August 07, 2023 | 9:04 pm
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Merus reported a significant YoY decrease in Q2 earnings and sales, which could negatively impact its stock price.
Merus reported a significant decrease in both earnings and sales compared to the same period last year. This indicates a negative financial performance, which could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100