WM Tech Q2 EPS $0.01 Beats $(0.03) Estimate, Sales $50.85M Beat $47.83M Estimate
Portfolio Pulse from vinayak@benzinga.com
WM Tech (NASDAQ:MAPS) reported Q2 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.03) by 133.33%. Quarterly sales were $50.85 million, surpassing the analyst consensus estimate of $47.83 million by 6.32%. However, this represents a decrease from the same period last year in both earnings (92.31%) and sales (12.77%).
August 08, 2023 | 8:52 pm
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WM Tech's Q2 results beat estimates but showed a decrease from the same period last year. This mixed result could lead to uncertainty among investors.
While WM Tech beat estimates for Q2, the decrease in both earnings and sales compared to the same period last year could create uncertainty among investors, potentially impacting the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100