ThermoGenesis Holdings Q2 EPS $(0.91) Up From $(9.00) YoY, Sales $2.27M Down From $3.03M YoY
Portfolio Pulse from bharat@benzinga.com
ThermoGenesis Holdings (NASDAQ:THMO) reported Q2 losses of $(0.91) per share, a 89.89% increase from $(9.00) per share YoY. Sales were reported at $2.27 million, a 24.96% decrease from $3.03 million YoY.
August 10, 2023 | 8:22 pm
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NEUTRAL IMPACT
ThermoGenesis reported a significant reduction in losses per share YoY, but also a substantial decrease in sales.
While the reduction in losses per share is a positive sign, the decrease in sales could be a concern for investors. The net impact on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100