OM:RAY BHealthcare Services
RaySearch Laboratories (OM:RAY B) Profit Squeeze Deepens Despite Stronger Order Intake
RaySearch Laboratories entered this earnings day with a mixed share price record. The stock was roughly flat over the past week, down around 13% over the past month and up close to 10% over the past quarter, which already hinted at shifting sentiment. The headline from Q2 is a clear profit squeeze. Net sales for the quarter landed at SEK272.3m, while basic earnings per share fell to SEK0.50 and the operating margin compressed to 10% for the period.
Is RaySearch Laboratories trading at a...