High Tide: Q2 Earnings Insights
Portfolio Pulse from Benzinga Insights
High Tide (NASDAQ:HITI) reported Q2 earnings with an EPS of $-0.03, beating estimates by 25.0%. Revenue increased by $23.28 million compared to the same period last year.
June 14, 2023 | 8:10 pm
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High Tide's Q2 earnings beat estimates with an EPS of $-0.03 and revenue up $23.28 million YoY.
High Tide's Q2 earnings beat estimates, which is a positive signal for investors. The company has a history of beating estimates, as seen in the past earnings performance. This could lead to a short-term increase in the stock price, as it did last quarter with a 1.75% increase the day after the earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100