bioAffinity Technologies Q1 EPS $(0.21) Down From $(0.18) YoY, Sales $2.41M Up From $921.00 YoY
Portfolio Pulse from Benzinga Newsdesk
bioAffinity Technologies (NASDAQ:BIAF) reported Q1 EPS of $(0.21), a 16.67% decrease from $(0.18) YoY, and sales of $2.41M, a significant increase from $921.00 YoY.
May 15, 2024 | 1:28 pm
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bioAffinity Technologies reported a Q1 EPS of $(0.21), a 16.67% decrease from $(0.18) YoY, but sales increased significantly to $2.41M from $921.00 YoY.
While the EPS decreased, the significant increase in sales is a positive indicator for the company's growth potential. Investors may view the revenue growth as a sign of improving business prospects, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100