Cue Health (HLTH) has provided an announcement.
Amidst a delay in filing its required Form 10-Q, a company has shared a snapshot of its financial performance for the first quarter of 2024, which reveals a significant net loss reduction from the previous year. The unaudited figures show a net loss of $49.5 million, down from $94.2 million, with total revenue dropping from about $24.8 million to $10 million. The balance sheet also reflects a decrease in total assets from approximately $339.8 million to $283.7 million, indicating a challenging period for the company. These limited financial details provide a glimpse into the company’s current economic health as it works to fulfill its reporting obligations.
See more data about HLTH stock on TipRanks’ Stock Analysis page.
