Longeveron Q2 2024 GAAP EPS $(1.83) Up From $(2.67) YoY, Sales $468.00K Miss $525.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Longeveron (NASDAQ:LGVN) reported Q2 2024 GAAP EPS of $(1.83), an improvement from $(2.67) YoY, and sales of $468K, missing the $525K estimate.
August 14, 2024 | 8:22 pm
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Longeveron reported Q2 2024 GAAP EPS of $(1.83), an improvement from $(2.67) YoY, and sales of $468K, missing the $525K estimate.
While Longeveron showed an improvement in EPS, the sales miss could weigh on investor sentiment. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100