MedAvail Holdings Q2 Sales $405.00K Down From $11.18M YoY
Portfolio Pulse from Benzinga Newsdesk
MedAvail Holdings (NASDAQ:MDVL) reported a significant decrease in Q2 sales, down to $405.00 thousand from $11.18 million YoY. This represents a 96.38 percent decrease.
August 14, 2023 | 9:16 pm
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MedAvail Holdings reported a 96.38% decrease in Q2 sales YoY, which could negatively impact the company's stock price.
The significant decrease in sales indicates a potential issue with the company's performance. This could lead to a decrease in investor confidence, which may negatively impact the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100