Tivic Health Systems Q1 EPS $(1.01) Up From $(10.52) YoY; Revenue $334K Down From $376K YoY
Portfolio Pulse from Benzinga Newsdesk
Tivic Health Systems reported a Q1 EPS of $(1.01), an improvement from $(10.52) year-over-year. However, revenue decreased to $334K from $376K year-over-year.
May 15, 2024 | 8:53 pm
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NEUTRAL IMPACT
Tivic Health Systems reported a significant improvement in Q1 EPS to $(1.01) from $(10.52) YoY, but experienced a decline in revenue to $334K from $376K YoY.
The improvement in EPS is a positive sign, indicating better cost management or operational efficiency. However, the decline in revenue is a concern and could offset the positive sentiment from the EPS improvement. The mixed results are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100