Science 37 Hldgs Q2 Adjusted EPS $(0.07) Beats $(0.12) Estimate, Sales $15.35M Beat $12.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Science 37 Hldgs (NASDAQ:SNCE) reported Q2 adjusted EPS of $(0.07), beating the estimate of $(0.12) by 41.67%. This is a 61.11% increase over losses from the same period last year. The company also reported quarterly sales of $15.35M, beating the estimate of $12.56M by 22.22%, but this is a 20.36% decrease over sales from the same period last year.
August 08, 2023 | 10:08 am
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NEUTRAL IMPACT
Science 37 Hldgs reported better than expected Q2 earnings but a decrease in sales compared to last year.
While the company beat earnings estimates, which is generally positive for the stock, it also reported a decrease in sales compared to the same period last year, which could negatively impact the stock. Therefore, the overall impact on the stock is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100