Artiva Biotherapeutics Q2 EPS $(22.00) Down From $(14.09) YoY
Portfolio Pulse from Benzinga Newsdesk
Artiva Biotherapeutics reported a significant increase in quarterly losses, with Q2 EPS at $(22.00), a 56.14% decrease from $(14.09) in the same period last year.
August 29, 2024 | 8:14 pm
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Artiva Biotherapeutics reported a significant increase in quarterly losses, with Q2 EPS at $(22.00), a 56.14% decrease from $(14.09) in the same period last year.
The reported increase in losses is likely to negatively impact investor sentiment and the stock price in the short term. A 56.14% decrease in EPS compared to the previous year indicates worsening financial performance, which is typically viewed unfavorably by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100