Pulmatrix Q1 2024 EPS $0.23 Up From $(1.22) YoY; Revenue $5.885M Up From $1.499M YoY
Portfolio Pulse from Benzinga Newsdesk
Pulmatrix reported a significant improvement in its Q1 2024 earnings, with EPS rising to $0.23 from a loss of $(1.22) year-over-year. Revenue also saw a substantial increase, reaching $5.885M up from $1.499M in the same period last year.
May 10, 2024 | 12:08 pm
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POSITIVE IMPACT
Pulmatrix's Q1 2024 earnings report shows a significant turnaround with EPS at $0.23, up from a $(1.22) loss, and revenue increasing to $5.885M from $1.499M YoY.
The substantial improvement in both earnings per share (EPS) and revenue indicates a strong financial performance and operational efficiency. This positive news is likely to instill investor confidence and could lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100