CalciMedica FY23 EPS $(7.66) Vs $(111.16) YoY
Portfolio Pulse from Benzinga Newsdesk
CalciMedica reported a significant improvement in its FY23 earnings per share (EPS), posting $(7.66) compared to $(111.16) in the previous year.
March 28, 2024 | 11:28 am
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POSITIVE IMPACT
CalciMedica showed a substantial improvement in its FY23 EPS, reducing losses to $(7.66) per share from $(111.16) in the prior year.
The significant reduction in losses as indicated by the improved EPS from $(111.16) to $(7.66) suggests a strong financial recovery and operational efficiency. This positive change is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100