Humacyte Q2 EPS $(0.22), Inline
Portfolio Pulse from bharat@benzinga.com
Humacyte (NASDAQ:HUMA) reported Q2 losses of $(0.22) per share, which met the analyst consensus estimate. This represents a 15.79% increase in losses compared to the same period last year.
August 14, 2023 | 11:03 am
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Humacyte's Q2 losses increased by 15.79% YoY, but met analyst expectations. This could indicate a stable outlook for the company.
Humacyte's Q2 losses increased compared to last year, which is generally a negative signal. However, the fact that these results were in line with analyst expectations could mitigate any potential negative impact on the stock price. Investors had already factored in these losses, so the stock price might remain stable in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100