Heart Test Laboratories' Q1 Earnings Reveal GAAP EPS of -$2.64, Missing Estimates
Thursday, 12 September 2024, 20:50
Heart Test Laboratories' Q1 Earnings Report
Heart Test Laboratories, trading under NASDAQ:HSCS, has reported a GAAP EPS of -$2.64 during the first quarter, which missed analysts' expectations by $0.18. This disappointing earnings figure reflects ongoing financial challenges within the company and raises questions about its future strategies.
Financial Highlights
- Cash and Cash Equivalents: $4.3 million
- Shareholder’s Equity: $5.9 million
Despite the missed EPS estimates, the report provides insight into the company’s liquidity situation.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.