CORRECTION: Blue Star Foods Q2 EPS $(0.61) Up From $(1.20) YoY, Sales $1.66M Down From $3.00M YoY
Portfolio Pulse from Happy Mohamed
Blue Star Foods (NASDAQ:BSFC) reported Q2 losses of $(0.61) per share, a 49.17% increase from $(1.20) per share YoY. Sales were reported at $1.66M, a 44.81% decrease from $3.00M YoY.
August 22, 2023 | 1:54 pm
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NEUTRAL IMPACT
Blue Star Foods reported a YoY increase in losses per share but a decrease in sales. This mixed result could lead to uncertainty in the market.
While the increase in losses per share is a negative sign, the decrease in sales is also concerning. These mixed results could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100