Why Are Alarum Technologies Shares Rising Today
Portfolio Pulse from Nabaparna Bhattacharya
Alarum Technologies reported Q1 FY23 revenues of $5.68 million, a 41.2% YoY increase, beating the consensus estimate of $5.31 million. The company also reported a Q1 EPS loss of $(0.02), better than the $(0.25) loss estimate. Alarum's shares are trading higher by 18.4% premarket.
May 30, 2023 | 1:28 pm
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Alarum Technologies beats Q1 revenue and EPS estimates, with shares trading 18.4% higher premarket.
Alarum Technologies reported better-than-expected Q1 results, with revenues and EPS both beating estimates. This positive news is driving the stock price higher in premarket trading, indicating a short-term positive impact on the stock.
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