Motus GI Hldgs Q2 EPS $(0.40) Up From $(1.86) YoY, Sales $113.00K Down From $185.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Motus GI Hldgs (NASDAQ:MOTS) reported Q2 losses of $(0.40) per share, a 78.49% increase from $(1.86) per share YoY. Sales were reported at $113.00K, a 38.92% decrease from $185.00K YoY.
August 14, 2023 | 8:40 pm
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NEUTRAL IMPACT
Motus GI Hldgs reported a decrease in sales but a significant reduction in losses YoY. This mixed result could lead to uncertain market reactions.
While the reduction in losses is a positive sign, the decrease in sales could be a concern for investors. The mixed results make it difficult to predict the short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100