Blue Jet Falls 10% After Q1 Miss

  Published 10 months ago

Blue Jet Healthcare shares drop 10% after Q1 profit and margins decline quarter-on-quarter despite yearly revenue growth.

  • Q1 EBITDA down 13.6% QoQ; gross margin slips to 48.4% from 54.7% due to product mix and inventory.
  • Q1 profit after tax falls 17.2% sequentially, signaling operational weakness despite positive YoY performance.
  • Stock’s sharp fall cuts year-to-date gains to 60.4%, marking the worst trading day in over three months.

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