Wearable Devices H1 EPS $(0.26) Down From $(0.18) YoY, Sales $12.00K Down From $28.00K YoY
Portfolio Pulse from Happy Mohamed
Wearable Devices (NASDAQ:WLDS) reported a 44.44% increase in quarterly losses, from $(0.18) per share last year to $(0.26) per share this year. Sales also decreased by 57.14%, from $28.00K to $12.00K YoY.
August 25, 2023 | 8:09 pm
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NEGATIVE IMPACT
Wearable Devices reported increased losses and decreased sales YoY. This could negatively impact the company's stock price in the short term.
The company reported increased losses and decreased sales compared to the same period last year. This indicates a negative financial performance, which could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100