Nutex Health Q1 EPS $(0.01) Up From $(0.15) YoY, Sales $67.45M Beat $64.80M Estimate
Portfolio Pulse from saritha@benzinga.com
Nutex Health (NASDAQ:NUTX) reported a significant improvement in its Q1 earnings, with a loss per share narrowing to $(0.01) from $(0.15) YoY. Sales for the quarter were $67.45M, surpassing the $64.80M estimate and marking a 19.75% increase from the previous year.
May 08, 2024 | 11:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nutex Health reported a narrower loss of $(0.01) per share in Q1, up from $(0.15) YoY, with sales exceeding estimates at $67.45M, a 19.75% increase from last year.
The significant improvement in earnings per share and the beat on sales estimates are positive indicators for Nutex Health's financial health and operational efficiency. This performance, especially in comparison to the previous year, is likely to instill investor confidence and could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100