HeartBeam Q3 EPS $(0.13) Vs $(0.44) Last Year
Portfolio Pulse from Benzinga Newsdesk
HeartBeam (NASDAQ:BEAT) reported a narrower loss of $(0.13) per share in Q3, improving from a loss of $(0.44) per share in the same quarter last year, indicating a 70.45% increase in earnings.
November 14, 2023 | 9:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
HeartBeam reported a 70.45% improvement in its quarterly losses, with a current EPS of $(0.13) compared to $(0.44) last year.
The significant reduction in losses per share suggests that the company is moving towards profitability, which is typically viewed positively by investors. This improvement in earnings could lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100