CENTOGENE FY23 EPS €(1.27) Vs €(1.19); Revenue €48.5 Million Up From €47.5 Million YoY
Portfolio Pulse from Benzinga Newsdesk
CENTOGENE reported its FY23 earnings with an EPS of €(1.27), down from €(1.19) the previous year. Revenue increased slightly to €48.5 million from €47.5 million YoY.
May 15, 2024 | 9:20 pm
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CENTOGENE's FY23 earnings report shows a slight increase in revenue to €48.5 million, but a decrease in EPS to €(1.27) from €(1.19) YoY. This mixed performance may lead to short-term volatility in the stock price.
The increase in revenue is a positive sign, but the decrease in EPS indicates higher costs or lower margins, which could concern investors. This mixed result is likely to cause short-term volatility in the stock price.
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