Marpai Q3 EPS $(0.98) Up From $(1.14) YoY, Sales $8.73M Beat $8.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Marpai (NASDAQ:MRAI) reported a narrower Q3 loss of $(0.98) per share compared to $(1.14) YoY, with sales of $8.73M surpassing the $8.51M estimate, marking a 76.77% increase from last year's $4.94M.
November 13, 2023 | 10:10 pm
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POSITIVE IMPACT
Marpai's Q3 EPS improved to $(0.98) from $(1.14) YoY, and sales of $8.73M exceeded estimates, indicating a positive trend in financial performance.
The improvement in earnings per share and the beat on sales estimates are likely to be viewed positively by investors. The significant increase in sales compared to the same period last year suggests strong growth, which could lead to a short-term positive impact on Marpai's stock price.
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IMPORTANCE 80
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