Reported Late Friday, Biomerica Q3 EPS $(0.11) Up From $(0.12) YoY, Sales $1.02M Down From $1.11M YoY
Portfolio Pulse from Benzinga Newsdesk
Biomerica (NASDAQ:BMRA) reported a Q3 EPS of $(0.11), an improvement from $(0.12) YoY, but saw a decrease in sales to $1.02M from $1.11M YoY.

April 15, 2024 | 6:20 am
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NEUTRAL IMPACT
Biomerica reported a slight improvement in EPS but a decrease in sales for Q3.
The improvement in EPS indicates a positive direction in reducing losses, which could be seen favorably by investors. However, the decrease in sales year-over-year might raise concerns about the company's growth trajectory and could potentially offset the positive impact of the EPS improvement. Given these mixed signals, the short-term impact on BMRA's stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100