The Glimpse Group FY23 EPS $(2.05) Down From $(0.51) YoY; Revenue $13.48M Up From $7.27M YoY
Portfolio Pulse from Benzinga Newsdesk
The Glimpse Group reported FY23 EPS of $(2.05), down from $(0.51) YoY. However, its revenue increased to $13.48M, up from $7.27M YoY.
September 28, 2023 | 8:21 pm
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NEUTRAL IMPACT
The Glimpse Group's FY23 EPS decreased significantly, but its revenue increased. This mixed financial performance could impact VRAR's stock price.
The Glimpse Group's FY23 earnings per share (EPS) decreased significantly year-over-year (YoY), which could negatively impact investor sentiment and VRAR's stock price. However, the company's revenue increased YoY, which could offset some of the negative impact on the stock price. Therefore, the overall impact on VRAR's stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100