Opthea FY Adjusted EPS $(0.27) Up From $(0.30) YoY, Sales $124.67K Up From $108.41K YoY
Portfolio Pulse from Benzinga Newsdesk
Opthea reported a fiscal year adjusted EPS of $(0.27), an improvement from $(0.30) year-over-year. Sales increased to $124.67K from $108.41K in the previous year.
August 30, 2024 | 11:36 am
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POSITIVE IMPACT
Opthea's fiscal year results show an improvement in adjusted EPS from $(0.30) to $(0.27) and an increase in sales from $108.41K to $124.67K, indicating positive financial performance.
The improvement in EPS and sales suggests better financial health and operational performance, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100