Champions Oncology: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Champions Oncology (NASDAQ:CSBR) reported Q3 earnings with an EPS of $-0.16, missing estimates by -7%, and a revenue decrease of $754k from the previous year. Despite beating EPS estimates last quarter, this marks a downturn in their financial performance.
March 12, 2024 | 8:45 pm
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Champions Oncology reported a disappointing Q3 with an EPS miss and a year-over-year revenue decrease.
Missing earnings estimates and reporting a decrease in revenue compared to the previous year typically leads to negative investor sentiment in the short term. Given the company's history of a positive share price reaction to beating EPS estimates last quarter, this downturn could be particularly impactful.
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