DarioHealth Q4 Sales $3.62M Beat $3.57M Estimate
Portfolio Pulse from Benzinga Newsdesk
DarioHealth (NASDAQ:DRIO) reported Q4 sales of $3.62M, surpassing the $3.57M estimate, but marking a 46.82% decrease from $6.80M in the same period last year.
March 28, 2024 | 10:35 am
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DarioHealth reported Q4 sales of $3.62M, exceeding estimates but showing a significant year-over-year decline.
While DarioHealth's Q4 sales exceeded analyst expectations, the significant year-over-year decline could raise concerns about the company's growth trajectory. This mixed result may lead to neutral short-term stock price movement as investors weigh the positive beat against the concerning decline in sales.
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