Applied UV Q3 EPS $(0.32) Up From $(1.20) YoY, Sales $11.45M Up From $5.88M YoY
Portfolio Pulse from Benzinga Newsdesk
Applied UV (NASDAQ:AUVI) reported a narrower Q3 loss of $(0.32) per share compared to $(1.20) per share in the same quarter last year. Sales for the quarter increased by 94.79% to $11.45 million from $5.88 million in the same period last year.
November 19, 2023 | 8:30 pm
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POSITIVE IMPACT
Applied UV reported a significant reduction in losses and nearly doubled sales in Q3 compared to the previous year, indicating strong year-over-year growth.
The substantial decrease in losses and nearly doubling of sales for Applied UV are strong indicators of the company's improving financial health and operational efficiency. This performance is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100