Zapata Computing Holdings Q1 EPS $(4.09) Down From $(1.09) YoY, Sales $1.22M Down From $1.51M YoY
Portfolio Pulse from Benzinga Newsdesk
Zapata Computing Holdings (NASDAQ:ZPTA) reported a significant decline in its Q1 financial performance, with EPS dropping to $(4.09) from $(1.09) YoY and sales decreasing to $1.22M from $1.51M YoY.
May 15, 2024 | 11:18 am
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Zapata Computing Holdings reported a significant decline in Q1 EPS and sales, indicating a challenging financial period. EPS dropped to $(4.09) from $(1.09) YoY, and sales decreased to $1.22M from $1.51M YoY.
The significant decline in both EPS and sales suggests that Zapata Computing Holdings is facing substantial financial challenges. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100