It's not a victory lap just yet, but these figures paint a picture of a company trimming the fat and setting the stage for future success.
Sure, the bottom line might still be singing the blues, but the melody's getting a key change!
- We're seeing a 20% decrease in overall loss compared to last year. That's like shedding some serious financial dead weight. - Research and development tax credit jumped 5%, proving our innovative spirit is firing on all cylinders. - While expenses remain a concern, a significant drop in corporate overhead (44%) suggests we're tightening our belts and focusing on core operations. - Interest income also took a healthy leap (34%), showing we're putting our resources to better work.
EGR Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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