ShotSpotter Q2 Adj EPS $(0.28) Misses $(0.02) Estimate, Sales $22.07M Beat $21.94M Estimate
Portfolio Pulse from vinayak@benzinga.com
ShotSpotter reported Q2 losses of $(0.28) per share, missing the analyst consensus estimate of $(0.02) by 1300 percent, a 600 percent decrease over losses from the same period last year. However, the company's quarterly sales of $22.07 million beat the analyst consensus estimate of $21.94 million by 0.62 percent, a 10.29 percent increase over sales from the same period last year.
August 08, 2023 | 8:45 pm
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ShotSpotter's Q2 earnings missed estimates significantly, but sales beat expectations.
ShotSpotter's Q2 earnings missed estimates by a large margin, which could negatively impact investor sentiment and drive the stock price down in the short term. However, the company's sales beat estimates, which could provide some offsetting positive sentiment.
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