Recap: HeartBeam Q4 Earnings
Portfolio Pulse from Benzinga Insights
HeartBeam (NASDAQ:BEAT) reported its Q4 earnings with an EPS of $-0.13, matching the estimated earnings. However, revenue did not show growth compared to the same period last year. Following a similar earnings miss last quarter, the share price dropped by 10.0% the next day.
March 20, 2024 | 8:15 pm
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HeartBeam reported Q4 earnings with an EPS of $-0.13, exactly as estimated, but showed no revenue growth year-over-year.
HeartBeam's earnings report showed no surprises in EPS but a lack of revenue growth could concern investors. Given the stock's 10% drop after last quarter's earnings miss, the market may react cautiously. However, since the EPS met expectations this time, the impact might be neutral in the short term.
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