System1 Q1 EPS $(0.37) Misses $(0.24) Estimate, Sales $167.85M Beat $155.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
System1 (NYSE:SST) reported Q1 sales of $167.85 million, missing the analyst consensus estimate of $214.50 million by 21.75 percent.
July 03, 2023 | 1:04 pm
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NEGATIVE IMPACT
System1's Q1 sales were significantly lower than expected, missing the analyst consensus estimate by 21.75 percent.
System1's Q1 sales were significantly lower than the analyst consensus estimate. This underperformance could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100