GENFIT FY23 EPS €(0.58) Vs €(0.48) YoY; Revenue €38.176 Million Vs €26,566 Million YoY
Portfolio Pulse from Benzinga Newsdesk
GENFIT reported a fiscal year 2023 earnings per share (EPS) of €(0.58), compared to €(0.48) the previous year. Revenue for the year was €38.176 million, up from €26.566 million year-over-year.
April 04, 2024 | 8:13 pm
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NEUTRAL IMPACT
GENFIT reported a decrease in EPS to €(0.58) from €(0.48) YoY but an increase in revenue to €38.176 million from €26.566 million YoY for FY23.
The mixed results with a decrease in EPS but an increase in revenue suggest a complex financial performance. The growth in revenue is positive, but the decrease in EPS indicates potential challenges in profitability or increased expenses. Investors might see this as a sign of growth with caution due to the profitability concerns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100