Innovid Q2 Adj EPS $(0.03), Inline, Sales $34.55M Beat $32.00M Estimate
Portfolio Pulse from totan@benzinga.com
Innovid (NYSE:CTV) reported Q2 adjusted EPS of $(0.03), in line with analyst consensus. This is a 200% decrease from the same period last year. Quarterly sales were $34.55M, beating the $32.00M estimate by 7.96%. This is a 4.41% increase from the same period last year.
August 08, 2023 | 12:05 pm
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Innovid's Q2 earnings were in line with estimates, but sales beat expectations. This could potentially have a positive impact on the stock.
Innovid's earnings per share were in line with analyst expectations, indicating stable performance. However, the company's sales exceeded estimates, which is a positive signal and could lead to an increase in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100