PaySign Q2 Sales $11.00M Beat $10.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
PaySign (NASDAQ:PAYS) reported Q2 sales of $11.00 million, beating the analyst consensus estimate of $10.28 million by 7.00 percent. This represents a 27.92 percent increase over sales of $8.60 million in the same period last year.
August 08, 2023 | 9:07 pm
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POSITIVE IMPACT
PaySign's Q2 sales exceeded analyst estimates by 7%, indicating strong performance. This could positively impact the company's stock price.
PaySign's Q2 sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The 27.92% YoY increase further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100