Pulmatrix Q2 2024 Revenue $1.55M Vs $1.8M YoY; EPS $(1.59) Vs $(1.04) YoY
Portfolio Pulse from Benzinga Newsdesk
Pulmatrix reported Q2 2024 revenue of $1.55M, down from $1.8M year-over-year. The EPS was $(1.59), compared to $(1.04) in the same period last year.
August 13, 2024 | 1:07 pm
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NEGATIVE IMPACT
Pulmatrix's Q2 2024 revenue decreased to $1.55M from $1.8M YoY, and EPS fell to $(1.59) from $(1.04) YoY, indicating a decline in financial performance.
The decline in both revenue and EPS suggests a weakening financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100