Intelligent Bio Solutions Sees Prelim. Q2 Revenue $0.76M Vs $1.008M Est.
Portfolio Pulse from Benzinga Newsdesk
Intelligent Bio Solutions (INBS) reported preliminary Q2 revenue of $0.76 million, which is below the estimated $1.008 million.
February 02, 2024 | 1:34 pm
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Intelligent Bio Solutions reported lower than expected Q2 revenue, missing estimates.
Missing revenue estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100