Serve Robotics Q1 EPS $(0.37) Up From $(0.77) YoY, Sales $946.71K Up From $40.25K YoY
Portfolio Pulse from Benzinga Newsdesk
Serve Robotics (NASDAQ:SERV) reported a significant improvement in its Q1 financials, with EPS losses narrowing to $(0.37) from $(0.77) YoY and sales surging to $946.71K from $40.25K YoY.
May 15, 2024 | 12:47 pm
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Serve Robotics reported a significant improvement in its Q1 financials, with EPS losses narrowing to $(0.37) from $(0.77) YoY and sales surging to $946.71K from $40.25K YoY.
The significant improvement in both EPS and sales indicates positive momentum for Serve Robotics. The narrowing of losses and substantial increase in sales are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100