BrainStorm Cell Therapeutics Reported FY23 EPS Loss of $(0.40), Cash Balance of $1.45M
Portfolio Pulse from Benzinga Newsdesk
BrainStorm Cell Therapeutics announced a fiscal year 2023 earnings per share (EPS) loss of $(0.40) and reported a cash balance of $1.45 million. This financial update could influence investor sentiment and stock performance in the short term.
April 01, 2024 | 12:08 pm
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NEGATIVE IMPACT
BrainStorm Cell Therapeutics reported a FY23 EPS loss of $(0.40) and a cash balance of $1.45 million, indicating financial challenges.
The reported EPS loss and low cash balance suggest financial difficulties for BrainStorm Cell Therapeutics, which could negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100