Anitra Q2 EPS $(2.36) Up From $(2.45) YoY, Sales $172.00K Up From $85.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Anitra (AMEX:AZTR) reported Q2 losses of $(2.36) per share, a 3.67% increase YoY. The company also reported $172.00K in sales, a 102.35% increase YoY.
August 14, 2023 | 8:57 pm
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NEUTRAL IMPACT
Anitra's Q2 losses per share decreased by 3.67% YoY, while sales increased by 102.35% YoY.
While Anitra's losses per share have decreased, indicating some improvement in profitability, the company is still operating at a loss. However, the significant increase in sales suggests growing business operations, which could potentially lead to profitability in the future. The impact on the stock price is uncertain in the short term as the market weighs the continued losses against the increased sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100