Ispire Technology Inc. (ISPR) Reports Q1 Loss, Lags Revenue Estimates
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Ispire Technology Inc. (ISPR) reported a Q1 loss of $0.10 per share, matching the Zacks Consensus Estimate, but showed a larger loss compared to $0.03 per share a year ago.
November 11, 2024 | 2:30 pm
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Ispire Technology Inc. reported a Q1 loss of $0.10 per share, which was in line with expectations but worse than the previous year's $0.03 loss.
The reported loss of $0.10 per share, although in line with estimates, is a significant increase from the previous year's loss of $0.03 per share. This indicates a worsening financial performance, which is likely to negatively impact the stock price in the short term.
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IMPORTANCE 80
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