Sharecare Reports Q2 Adj Earnings $(0.04) Compared To $(0.03) YoY; Reports Revenue Of $94.3M Vs. $110.4M YoY
Portfolio Pulse from Benzinga Newsdesk
Sharecare reported Q2 adjusted earnings of $(0.04) per share, compared to $(0.03) per share year-over-year. The company also reported revenue of $94.3 million, down from $110.4 million year-over-year.
August 09, 2024 | 11:22 am
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Sharecare reported a decline in both adjusted earnings and revenue for Q2. Adjusted earnings were $(0.04) per share, compared to $(0.03) per share year-over-year. Revenue fell to $94.3 million from $110.4 million year-over-year.
The decline in both adjusted earnings and revenue indicates potential financial struggles for Sharecare. This negative performance is likely to impact investor sentiment and could lead to a short-term decline in the stock price.
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