Sera Prognostics Q2 2024 GAAP EPS $(0.25) Beats $(0.27) Estimate, Sales $24.000K Miss $85.000K Estimate
Portfolio Pulse from Benzinga Newsdesk
Sera Prognostics (NASDAQ:SERA) reported Q2 2024 GAAP EPS of $(0.25), beating the $(0.27) estimate, but sales of $24.000K missed the $85.000K estimate. EPS improved by 26.47% YoY, while sales decreased by 80.49% YoY.
August 07, 2024 | 8:44 pm
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Sera Prognostics reported Q2 2024 GAAP EPS of $(0.25), beating the $(0.27) estimate, but sales of $24.000K missed the $85.000K estimate. EPS improved by 26.47% YoY, while sales decreased by 80.49% YoY.
While Sera Prognostics beat EPS estimates, the significant miss on sales and the large YoY sales decline are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100