Senestech Inc (SNES) said after close Wednesday that it lost $0.9 per share in quarter four 2023.
On the revenue line, the company reported $295 thousand, missing estimates by $85 thousand.
In the same quarter a year ago, the company lost $37.2 per share on revenue of $297 thousand.
The stock is down 10.87% to $1.02 after the report.
The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.
The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.
InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.
Prior to the report, InvestorsObserver gave the stock an overall score of 37. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.
SenesTech Inc is a United States-based biotech platform and research company engaged in developing technology for managing animal pest populations through fertility control. The company provides its solutions to the animal market, commercial markets, and food markets.
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Senestech Inc Down 10.87% To $1.02 After Earnings Miss
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