Intelgenx Technologies Q2 EPS $(0.02), Same YoY, Sales $133.00K Down From $398.00K YoY
Portfolio Pulse from vinayak@benzinga.com
Intelgenx Technologies reported Q2 earnings with losses of $(0.02) per share, unchanged YoY. Sales were $133.00K, a 66.58% decrease from $398.00K YoY.
August 14, 2023 | 8:32 pm
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NEGATIVE IMPACT
Intelgenx Technologies reported Q2 losses of $(0.02) per share, unchanged YoY. Sales decreased by 66.58% to $133.00K from $398.00K YoY.
Intelgenx Technologies reported a significant decrease in sales, which is a negative signal for investors. This could potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100