Recap: Applied UV Q1 Earnings
Portfolio Pulse from Benzinga Insights
Applied UV (NASDAQ:AUVI) reported Q1 earnings with an EPS of $-0.28, missing estimates by 3.7%. Revenue was up $7.30 million YoY. Last quarter, the company missed EPS by $0.12, followed by a 3.53% increase in share price the next day.
May 22, 2023 | 9:05 pm
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Applied UV missed Q1 earnings estimates by 3.7% with an EPS of $-0.28. Despite the miss, last quarter's miss was followed by a 3.53% increase in share price.
Applied UV missed Q1 earnings estimates, which could negatively impact the stock price. However, last quarter's miss was followed by a 3.53% increase in share price, suggesting that investors may not react negatively to the news. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100