DarioHealth Corp. (DRIO) Reports Q3 Loss, Tops Revenue Estimates
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DarioHealth Corp. (DRIO) reported a Q3 loss of $0.13 per share, which was better than the expected loss of $0.18 per share. This is an improvement from the $0.49 per share loss reported a year ago.
November 07, 2024 | 2:00 pm
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DarioHealth Corp. reported a smaller-than-expected Q3 loss of $0.13 per share, beating the Zacks Consensus Estimate of a $0.18 loss. This is a significant improvement from the $0.49 loss per share a year ago.
The better-than-expected earnings report is likely to have a positive impact on DRIO's stock price in the short term. The improvement from last year's loss indicates progress, which could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100