Affimed Q2 2024 GAAP EPS €(1.01) Misses €(0.96) Estimate, Sales €154.000K Compared To €1.39M YoY
Portfolio Pulse from Benzinga Newsdesk
Affimed reported its Q2 2024 financial results, with a GAAP EPS of €(1.01), missing the estimate of €(0.96). The company reported sales of €154,000, a significant decrease compared to $1.39 million year-over-year.
September 05, 2024 | 10:35 am
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Affimed's Q2 2024 financial results were disappointing, with a GAAP EPS of €(1.01) missing the estimate of €(0.96). Sales also fell significantly to €154,000 from $1.39 million year-over-year.
The earnings miss and significant drop in sales are likely to negatively impact Affimed's stock price in the short term. Investors may react to the lower-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100