AuthID Q2 GAAP EPS $(0.34) Up From $(2.15) YoY, Sales $280.44K Up From $37.14K YoY
Portfolio Pulse from Benzinga Newsdesk
AuthID (NASDAQ:AUID) reported a significant improvement in its Q2 financial results. The company's GAAP EPS improved to $(0.34) from $(2.15) YoY, and sales surged to $280.44K from $37.14K YoY.
August 08, 2024 | 8:33 pm
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AuthID reported a significant improvement in its Q2 financial results, with GAAP EPS improving to $(0.34) from $(2.15) YoY and sales increasing by 655% to $280.44K.
The significant improvement in both EPS and sales indicates a positive trend in the company's financial health, which is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100