bioAffinity Technologies Q4 EPS $(0.26) Up From $(0.44) YoY, Sales $2.21M Down From $2.35M YoY
Portfolio Pulse from Benzinga Newsdesk
bioAffinity Technologies (NASDAQ:BIAF) reported a Q4 EPS loss of $(0.26), improving from a $(0.44) loss YoY. However, sales decreased to $2.21M from $2.35M YoY.
April 02, 2024 | 11:59 am
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bioAffinity Technologies reported a reduced EPS loss in Q4 but experienced a decrease in sales compared to last year.
The improvement in EPS loss suggests operational efficiency or cost control, which could be viewed positively by investors. However, the decrease in sales indicates potential challenges in revenue growth, creating a mixed short-term outlook. The net impact is neutral as the positive EPS development may offset concerns about declining sales.
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