Edesa Biotech FY23 EPS $(2.93) Up From $(8.37) YoY
Portfolio Pulse from Benzinga Newsdesk
Edesa Biotech reported a Fiscal Year 2023 earnings per share (EPS) of $(2.93), which is an improvement from the previous year's EPS of $(8.37).

December 15, 2023 | 9:13 pm
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Edesa Biotech's EPS improved to $(2.93) in FY23 from $(8.37) in the previous year, indicating a reduction in losses.
The improvement in EPS for Edesa Biotech suggests that the company has reduced its losses compared to the previous year, which could be viewed positively by investors. This may lead to a short-term positive impact on the stock price as it indicates better financial performance and potential future growth.
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