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HeartBeam Faces Test of Commercial Metrics and Cash Burn Management

Earnings Whispers · ·by G4L

BEAT
BEAT HeartBeam Inc
$0.40 -1.78%
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  1. 1HeartBeam Inc shares fell more than 20% following the currency.
  2. 2HeartBeam Inc's expected third-quarter loss per share was 9 cents based on consensus, representing a 40% year-over-year improvement from the previous year's loss of 15 cents per share.
  3. 3Chairman Richard Ferrari mentioned that expectations regarding data licensing were exaggerated.

So what's the key point?

HeartBeam shares fell by more than 20 percent. While losses decreased, there were comments that expectations for data sales were too high.

Source Earnings Whispers · View original ↗

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