Portage Biotech Q1 EPS $(0.33) Down From $(0.13) YoY
Portfolio Pulse from Happy Mohamed
Portage Biotech (NASDAQ:PRTG) reported a Q1 loss of $(0.33) per share, a 153.85% increase from the $(0.13) per share loss reported in the same period last year.
August 30, 2023 | 12:17 pm
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NEGATIVE IMPACT
Portage Biotech reported a significant increase in losses for Q1, which could negatively impact investor sentiment.
Portage Biotech's Q1 losses have significantly increased compared to the same period last year. This indicates a worsening financial performance, which could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100