Astrotech Q3 EPS $(1.93) Down From $(1.47) YoY, Sales $50.00K Up From $35.00K YoY
Portfolio Pulse from Benzinga Newsdesk
Astrotech reported a Q3 EPS loss of $(1.93), a 31.29% decrease from last year's $(1.47) loss per share, with sales increasing 42.86% to $50K from $35K YoY.
May 13, 2024 | 8:47 pm
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NEUTRAL IMPACT
Astrotech's Q3 earnings report showed a significant increase in losses per share alongside a rise in sales, indicating mixed financial health.
The increase in losses per share could concern investors, potentially putting downward pressure on the stock. However, the rise in sales might offset some concerns by showing potential for growth. The mixed nature of this report makes the short-term impact uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100