Fractyl Health On April 1 Reported Q4 Adj EPS $(8.02) Down From $(7.39) YoY, Sales $7.00K
Portfolio Pulse from Benzinga Newsdesk
Fractyl Health (NASDAQ:GUTS) reported a Q4 adjusted EPS loss of $(8.02), an 8.53% increase in losses compared to $(7.39) per share YoY. Sales for the quarter were $7.00 thousand.
April 02, 2024 | 11:53 am
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NEGATIVE IMPACT
Fractyl Health reported increased quarterly losses and minimal sales, indicating potential financial challenges.
The increase in losses and very low sales volume reported by Fractyl Health suggest the company is facing significant financial challenges, which could negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100