Prenetics Global Q1 EPS $(0.70) Up From $(1.25) YoY, Sales $6.41M Up From $4.92M YoY
Portfolio Pulse from Benzinga Newsdesk
Prenetics Global (NASDAQ:PRE) reported a Q1 EPS of $(0.70), an improvement from $(1.25) YoY, and sales of $6.41M, up from $4.92M YoY.
June 18, 2024 | 12:37 pm
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Prenetics Global reported a Q1 EPS of $(0.70), an improvement from $(1.25) YoY, and sales of $6.41M, up from $4.92M YoY. This indicates a significant reduction in losses and a notable increase in revenue.
The improvement in EPS from $(1.25) to $(0.70) indicates a significant reduction in losses, which is a positive sign for investors. Additionally, the 30.25% increase in sales to $6.41M shows strong revenue growth. These factors are likely to have a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100