Guardion Health Sciences Q3 EPS $0.29 Up From $(0.67) YoY, Sales $3.34M Beat $3.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
Guardion Health Sciences (NASDAQ:GHSI) reported a significant increase in Q3 earnings to $0.29 per share from a loss of $(0.67) per share YoY. Sales also increased by 25.27% to $3.34M, surpassing the $3.08M estimate.
November 13, 2023 | 10:38 pm
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Guardion Health Sciences reported a strong Q3 with EPS of $0.29, up from a loss of $(0.67) YoY, and sales of $3.34M, exceeding estimates by 8.35%.
The positive earnings report showing a significant turnaround from a loss to a profit, as well as a sales beat, is likely to instill investor confidence and could lead to a short-term increase in GHSI's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100