AIM ImmunoTech Q1 2024 GAAP EPS $(0.12), Inline, Sales $40.000K Down From $49.000K YoY
Portfolio Pulse from Benzinga Newsdesk
AIM ImmunoTech reported its Q1 2024 financial results with a GAAP EPS of $(0.12), which is in line with expectations. However, sales decreased to $40.000K from $49.000K year-over-year.
May 16, 2024 | 10:54 am
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AIM ImmunoTech's Q1 2024 GAAP EPS was $(0.12), meeting expectations, but sales fell to $40.000K from $49.000K YoY, indicating a decline in revenue.
While the EPS met expectations, the significant year-over-year decline in sales is likely to negatively impact investor sentiment and the stock price in the short term.
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