NeuroMetrix Q1 Revenue $1.093M Down From $1.724M YoY
Portfolio Pulse from Benzinga Newsdesk
NeuroMetrix reported Q1 revenue of $1.093 million, a decrease from $1.724 million year-over-year.
May 15, 2024 | 8:03 pm
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NeuroMetrix reported a significant decline in Q1 revenue, down to $1.093 million from $1.724 million year-over-year. This decrease may concern investors about the company's financial health and growth prospects.
The significant year-over-year decline in revenue suggests potential issues in the company's operations or market conditions, which could negatively impact investor sentiment and the stock price in the short term.
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