Healthcare Triangle Q2 EPS $(0.42) Down From $(0.10) YoY, Sales $8.50M Down From $11.59M YoY
Portfolio Pulse from Benzinga Newsdesk
Healthcare Triangle (NASDAQ:HCTI) reported Q2 losses of $(0.42) per share, a 320% decrease YoY. The company also reported a 26.65% decrease in sales to $8.50 million compared to $11.59 million in the same period last year.
August 10, 2023 | 9:03 pm
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NEGATIVE IMPACT
Healthcare Triangle's Q2 earnings report shows a significant increase in losses and a decrease in sales YoY. This could negatively impact the company's stock price in the short term.
Healthcare Triangle's Q2 earnings report shows a significant increase in losses and a decrease in 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 company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100