MiX Telematics Q4 Adj EPADS $0.13 Misses $0.14 Estimate, Sales $36.87M Miss $38.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
MiX Telematics reported Q4 adjusted earnings of $0.13 per share, missing the $0.14 estimate, and sales of $36.87 million, missing the $38.33 million estimate. This represents a 30% increase in earnings and a 2.09% increase in sales compared to the same period last year.
May 25, 2023 | 10:07 am
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MiX Telematics missed Q4 earnings and sales estimates, reporting $0.13 per share and $36.87 million in sales.
MiX Telematics missed both earnings and sales estimates for Q4, which could negatively impact the stock price in the short term. The earnings miss by 7.14% and sales miss by 3.82% may cause investors to reevaluate their positions, leading to a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100