Quantum-Si Q2 EPS $(0.18) Beats $(0.20) Estimate, Sales $205.00K Miss $400.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Quantum-Si (NASDAQ:QSI) reported Q2 losses of $(0.18) per share, beating the analyst consensus estimate of $(0.20) by 10 percent. This is a 21.74 percent increase over losses from the same period last year. However, the company's quarterly sales of $205.00 thousand missed the analyst consensus estimate of $400.00 thousand by 48.75 percent.
August 07, 2023 | 12:06 pm
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Quantum-Si's Q2 earnings beat estimates but sales fell short, which could lead to mixed market reactions.
While Quantum-Si's earnings beat estimates, indicating potential operational efficiency, the significant miss in sales could be a concern for investors, potentially indicating lower demand or operational issues. This could lead to mixed market reactions in the short term.
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