Thorne HealthTech Q2 Adj EPS $0.15 Beats $0.06 Estimate, Sales $72.72M Beat $68.46M Estimate
Portfolio Pulse from saritha@benzinga.com
Thorne HealthTech (NASDAQ:THRN) reported Q2 earnings of $0.15 per share, beating the analyst consensus estimate of $0.06 by 150%. This is a 400% increase over losses of $(0.05) per share from the same period last year. The company also reported quarterly sales of $72.72 million, beating the analyst consensus estimate of $68.46 million by 6.22%. This is a 29.69% increase over sales of $56.07 million the same period last year.
August 08, 2023 | 8:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Thorne HealthTech's Q2 earnings and sales beat analyst estimates, indicating strong financial performance.
Thorne HealthTech reported strong Q2 earnings and sales, beating analyst estimates. This indicates a strong financial performance and could lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100