SatixFy Q1 Total Revenues $1.9M, Down 20% YoY, EPS $(0.14)
Portfolio Pulse from Benzinga Newsdesk
SatixFy reported Q1 total revenues of $1.9 million, a 20% decrease year-over-year, with an EPS of $(0.14).

May 23, 2024 | 8:25 pm
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SatixFy reported a 20% year-over-year decline in Q1 revenues to $1.9 million and an EPS of $(0.14). This indicates a challenging quarter for the company.
The significant decline in revenues and negative EPS suggest financial struggles, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100