BM Technologies Q1 EPS $(0.43) Beats $(0.50) Estimate, Sales $13.48M Miss $14.87M Estimate
Portfolio Pulse from Happy Mohamed
BM Technologies reported Q1 losses of $(0.43) per share, beating the $(0.50) estimate by 14%. However, sales of $13.48M missed the $14.87M estimate by 9.32%, a 46.17% decrease YoY.
May 22, 2023 | 8:17 pm
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BM Technologies' Q1 EPS beat estimates, but sales missed and decreased 46.17% YoY.
BM Technologies' Q1 earnings report shows mixed results. While the EPS beat estimates by 14%, the sales missed estimates by 9.32% and decreased 46.17% YoY. This could lead to a neutral short-term impact on the stock price as the positive EPS is offset by the negative sales performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100