Personalis (PSNL) Reports Q3 Loss, Tops Revenue Estimates
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Personalis (PSNL) reported a Q3 loss of $0.64 per share, which was larger than the Zacks Consensus Estimate of a $0.33 loss. However, the company exceeded revenue expectations.
November 06, 2024 | 11:45 pm
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Personalis reported a larger-than-expected Q3 loss of $0.64 per share, missing the Zacks Consensus Estimate of $0.33. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact the stock price in the short term, despite the positive news of exceeding revenue expectations. Investors often react more strongly to earnings per share misses.
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IMPORTANCE 80
RELEVANCE 100