Oculis Holding Q2 2024 GAAP EPS $(0.56) Misses $(0.40) Estimate, Sales $270.887K Beat $258.600K Estimate
Portfolio Pulse from Benzinga Newsdesk
Oculis Holding reported a Q2 2024 GAAP EPS of $(0.56), missing the $(0.40) estimate, but sales of $270.887K beat the $258.600K estimate. Sales increased by 10.57% compared to the same period last year.
August 27, 2024 | 8:02 pm
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NEGATIVE IMPACT
Oculis Holding's Q2 2024 earnings report showed a larger-than-expected loss per share, but sales exceeded expectations and grew year-over-year.
The significant miss on EPS suggests potential concerns about profitability, which could negatively impact the stock price in the short term. However, the beat on sales and year-over-year growth may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100