Tivic Health Systems Q4 EPS $0.20 Up From $(23.00) YoY, Sales $357.00K Down From $408.00K YoY
Portfolio Pulse from Happy Mohamed
Tivic Health Systems (NASDAQ:TIVC) reported a significant improvement in Q4 earnings per share, posting $0.20, up from a loss of $(23.00) YoY. However, sales decreased by 12.50% to $357.00K from $408.00K YoY.
March 25, 2024 | 8:50 pm
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Tivic Health Systems reported a significant Q4 EPS improvement to $0.20 from a $(23.00) loss YoY, but sales fell 12.50% to $357K from $408K YoY.
The significant improvement in EPS indicates a strong turnaround in profitability, which is likely to positively impact investor sentiment and the stock price in the short term. However, the decrease in sales could temper some of the positive momentum, indicating a mixed but overall positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100