ZeroFox Holdings Q4 EPS $(1.85) Down From $(0.14) YoY, Sales $60.51M Up From $45.40M YoY
Portfolio Pulse from Benzinga Newsdesk
ZeroFox Holdings (ZFOX) reported a significant increase in its Q4 losses to $(1.85) per share from $(0.14) YoY, despite a 33.29% increase in sales to $60.51M from $45.40M YoY.
March 15, 2024 | 12:11 pm
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ZeroFox Holdings reported a drastic increase in quarterly losses alongside a significant rise in sales.
The substantial increase in losses despite higher sales may concern investors, potentially leading to negative sentiment in the short term. The contrast between the increased revenue and the widened loss margin indicates operational or cost management issues that could affect investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100