SHL Telemedicine H1 EPS $(0.25) Down From $(0.06) YoY, Sales $29.00M Down From $30.90M YoY
Portfolio Pulse from Benzinga Newsdesk
SHL Telemedicine (NASDAQ:SHLT) reported a 316.67% increase in quarterly losses to $(0.25) per share, compared to $(0.06) per share last year. Sales also decreased by 6.13% to $29.00 million from $30.90 million in the same period last year.
September 21, 2023 | 11:21 am
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SHL Telemedicine reported a significant increase in losses and a decrease in sales for the quarter, which could negatively impact investor sentiment.
The company's increased losses and decreased sales indicate a worsening financial performance, which could lead to a decrease in the stock price as investors may lose confidence in the company's profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100