PolyPid Q1 2024 GAAP EPS $(1.37) Beats $(1.58) Estimate
Portfolio Pulse from Benzinga Newsdesk
PolyPid (NASDAQ:PYPD) reported Q1 2024 GAAP EPS of $(1.37), surpassing the $(1.58) analyst consensus estimate by 13.29%. This marks an 83.83% improvement over the previous year's $(8.47) per share loss.
May 08, 2024 | 11:05 am
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PolyPid reported a smaller-than-expected Q1 2024 loss of $(1.37) per share, outperforming the $(1.58) consensus estimate and significantly improving from last year's $(8.47) loss.
PolyPid's better-than-expected earnings report indicates a significant improvement in its financial performance, likely leading to positive investor sentiment and a potential short-term uptick in its stock price.
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IMPORTANCE 90
RELEVANCE 100