MSP Recovery FY Adjusted EPS Loss Of $(73.3)M Up From $(44.8)M YoY, Sales $7.71M Down From $23.42M YoY
Portfolio Pulse from Benzinga Newsdesk
MSP Recovery reported a fiscal year adjusted EPS loss of $73.3 million, an increase from last year's $44.8 million loss. Sales decreased to $7.71 million from $23.42 million year-over-year.
April 15, 2024 | 11:13 am
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NEGATIVE IMPACT
MSP Recovery, associated with LIFW, reported a wider fiscal year adjusted EPS loss and a significant decrease in sales year-over-year.
The reported increase in adjusted EPS loss and decrease in sales for MSP Recovery directly impacts LIFW's financial health and investor sentiment, likely leading to a negative short-term price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100