AuthID Q1 EPS $(0.32) Up From $(0.56) YoY, Sales $157.38K Up From $37.86K YoY
Portfolio Pulse from Benzinga Newsdesk
AuthID (NASDAQ:AUID) reported a significant improvement in its Q1 financial results, with EPS losses narrowing to $(0.32) from $(0.56) YoY and sales increasing by 315.73% to $157.38K.
May 15, 2024 | 8:09 pm
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POSITIVE IMPACT
AuthID reported a significant improvement in its Q1 financial results, with EPS losses narrowing to $(0.32) from $(0.56) YoY and sales increasing by 315.73% to $157.38K.
The narrowing of EPS losses and significant increase in sales indicate a positive trend in AuthID's financial performance, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100