AdTheorent Holding Q2 EPS $0.09 Beats $(0.01) Estimate, Sales $37.59M Beat $36.37M Estimate
Portfolio Pulse from saritha@benzinga.com
AdTheorent Holding (NASDAQ:ADTH) reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.01) by 1000 percent. This is a decrease of 85.48 percent from the same period last year. The company also reported quarterly sales of $37.59 million, beating the analyst consensus estimate of $36.37 million by 3.35 percent, but this is a decrease of 11.51 percent from the same period last year.
August 04, 2023 | 2:31 pm
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NEUTRAL IMPACT
AdTheorent's Q2 earnings and sales beat estimates but decreased from the same period last year.
While AdTheorent beat analyst estimates for Q2 earnings and sales, the decrease from the same period last year could potentially concern investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100