InflaRx N.V. (IFRX) Reports Q3 Loss, Tops Revenue Estimates
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InflaRx N.V. (IFRX) reported a Q3 loss of $0.33 per share, which was larger than the Zacks Consensus Estimate of a $0.27 loss. However, the company exceeded revenue expectations.
November 08, 2024 | 3:00 pm
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NEUTRAL IMPACT
InflaRx N.V. reported a larger-than-expected Q3 loss of $0.33 per share, missing the Zacks estimate of $0.27. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share could negatively impact investor sentiment, but the fact that revenue estimates were exceeded may offset this. The net impact on the stock price is uncertain in the short term.
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IMPORTANCE 80
RELEVANCE 100