Marpai Q2 GAAP EPS $(1.23) Down From $(1.10) YoY, Sales $7.19M Down From $10.05M YoY
Portfolio Pulse from Benzinga Newsdesk
Marpai (NASDAQ:MRAI) reported a Q3 GAAP EPS of $(1.23), down from $(1.10) YoY, and sales of $7.19M, down from $10.05M YoY.
August 07, 2024 | 9:03 pm
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Marpai reported a significant decline in both EPS and sales for Q3, with EPS at $(1.23) and sales at $7.19M, both down from the same period last year.
The significant decline in both EPS and sales indicates financial struggles, likely leading to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100