Transphorm: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Transphorm (NASDAQ:TGAN) reported Q4 earnings, missing estimated earnings by 18.18% with an EPS of $-0.13 versus an estimate of $-0.11. Revenue was down $1.74 million from the same period last year. The company also provided guidance for Q1 2024, expecting earnings between $-0.13 and $-0.1 per share.
June 27, 2023 | 8:40 pm
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Transphorm's Q4 earnings missed estimates and revenue was down YoY. The company provided Q1 2024 guidance expecting earnings between $-0.13 and $-0.1 per share.
Transphorm's Q4 earnings missed estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the stock price. The company's revenue was also down compared to the same period last year, which could further contribute to negative sentiment. The provided guidance for Q1 2024 is also lower than previous quarters, which could be a concern for investors.
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