Forge Global Holdings Q2 EPS $(0.14) Misses $(0.11) Estimate, Sales $16.72M Miss $16.80M Estimate
Portfolio Pulse from bharat@benzinga.com
Forge Global Holdings (NYSE:FRGE) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.11) by 27.27%. The company also reported quarterly sales of $16.72 million, missing the estimate of $16.80 million by 0.48%. However, both losses and sales show an improvement compared to the same period last year.
August 08, 2023 | 8:45 pm
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Forge Global Holdings reported Q2 losses and sales that missed analyst estimates. However, both figures show an improvement compared to the same period last year.
Forge Global Holdings reported worse than expected Q2 results, which could negatively impact the stock price in the short term. However, the YoY improvement in both losses and sales might mitigate this negative impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100