Streamline Health Solns Q3 EPS $(0.21) Down From $(0.07) YoY, Sales $6.10M Down From $6.22M YoY
Portfolio Pulse from Benzinga Newsdesk
Streamline Health Solutions (STRM) reported a significant increase in its quarterly losses to $(0.21) per share, a 200% increase from $(0.07) per share year-over-year. Sales also decreased slightly by 1.88% to $6.10M from $6.22M in the same quarter last year.
December 13, 2023 | 9:37 pm
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Streamline Health Solutions reported a 200% increase in quarterly losses and a slight decrease in sales year-over-year.
The reported increase in losses and decrease in sales are negative indicators that are likely to impact investor sentiment and the stock price negatively in the short term. The magnitude of the loss increase is substantial, which could lead to a bearish outlook on the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100