Jumia Technologies Q1 Sales $46.27M Miss $50.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Jumia Technologies reported Q1 sales of $46.27 million, missing the analyst consensus estimate of $50.50 million by 8.37% and marking a 2.78% decrease compared to the same period last year.
May 23, 2023 | 10:47 am
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Jumia Technologies' Q1 sales missed estimates by 8.37% and decreased 2.78% YoY, potentially impacting its stock price.
Jumia Technologies' Q1 sales missed analyst estimates by 8.37% and decreased 2.78% compared to the same period last year. This negative performance may lead to a decline in the stock price as investors react to the disappointing results.
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