Athersys Q2 EPS $(0.62) Up From $(2.28) YoY, Sales $49.00K Down From $2.32M YoY
Portfolio Pulse from Benzinga Newsdesk
Athersys reported Q2 losses of $(0.62) per share, a 72.44% increase from $(2.28) per share YoY. Sales were $49.00K, a 97.88% decrease from $2.32M YoY.
August 16, 2023 | 9:04 pm
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NEGATIVE IMPACT
Athersys' Q2 earnings show a significant increase in losses per share but a drastic decrease in sales YoY.
The increase in losses per share and the significant decrease in sales YoY could negatively impact Athersys' stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100