1. PRIM reported significantly lower revenue for Q1 2025 than initially stated. 2. Revenue was corrected to $1,648,112, potentially impacting investor confidence.
The drastic correction in revenue suggests serious operational issues, reminiscent of past earnings surprises that negatively affected stock prices.
The significant revenue correction directly reduces confidence in PRIM's financial health, prompting potential sell-offs.
Investors typically react swiftly to earnings discrepancies, impacting stock price almost immediately.