Roadzen Q1 EPS $(0.71) Up From $(6.73) YoY, Sales $8.93M Up From $5.61M YoY
Portfolio Pulse from Benzinga Newsdesk
Roadzen (NASDAQ:RDZN) reported a significant improvement in its Q1 financial results. The company posted a loss of $(0.71) per share, an 89.45% improvement from the $(6.73) loss per share in the same period last year. Sales increased by 59.18% to $8.93 million from $5.61 million year-over-year.
August 13, 2024 | 8:31 pm
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Roadzen reported a significant improvement in its Q1 financial results, with a loss of $(0.71) per share, an 89.45% improvement from the $(6.73) loss per share in the same period last year. Sales increased by 59.18% to $8.93 million from $5.61 million year-over-year.
The significant improvement in both EPS and sales indicates positive momentum for Roadzen. The 89.45% improvement in EPS and 59.18% increase in sales are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100