Beyond Air Reports FY24 Loss Of $(1.82) Per Share Vs $(1.86) Last Year; Revenues For The Year Were $1.2M
Portfolio Pulse from Benzinga Newsdesk
Beyond Air reported a fiscal year 2024 loss of $(1.82) per share, an improvement from $(1.86) per share last year. The company also reported revenues of $1.2 million for the year, compared to zero in the prior year.
June 24, 2024 | 8:24 pm
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Beyond Air reported a fiscal year 2024 loss of $(1.82) per share, an improvement from $(1.86) per share last year. The company also reported revenues of $1.2 million for the year, compared to zero in the prior year.
The improvement in EPS and the introduction of revenue where there was none previously are positive indicators for Beyond Air. This suggests operational improvements and potential growth, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100