CORRECTION: Prenetics Global Limited Clocks Q2 Revenue of $5.7M, Adj. EPS of $(0.05) GAAP EPS $(0.10), Cash Balance of $214.5M
Portfolio Pulse from Benzinga Newsdesk
Prenetics Global Limited reported Q2 revenue of $5.7M, adjusted EPS of $(0.15), GAAP EPS of $(0.10), and a cash balance of $214.5M.
September 15, 2023 | 1:23 pm
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NEGATIVE IMPACT
Prenetics Global Limited reported lower than expected Q2 earnings with a revenue of $5.7M and negative EPS.
The company reported lower than expected earnings for Q2, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100