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Beyond Air Share Plunge After Fiscal Q4 Loss Exceeds Estimates
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Beyond Air Share Plunge After Fiscal Q4 Loss Exceeds Estimates
Jun 24, 2024 2:44 PM

05:18 PM EDT, 06/24/2024 (MT Newswires) -- Beyond Air ( XAIR ) reported fiscal Q4 net loss Monday of $1.82 per diluted share, narrower than a loss of $1.86 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.47.

Revenue for the quarter ended March 31 was $1.2 million compared with no revenue in the year ago period. Analysts surveyed by Capital IQ expected $740,000.

Shares of the company fell over 22% in recent after-hours activity.

Price: 1.0400, Change: -0.30, Percent Change: -22.39

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