Quotient Technology Q2 EPS $(0.16) Misses $(0.08) Estimate, Sales $65.71M Miss $69.17M Estimate
Portfolio Pulse from sunil@benzinga.com
Quotient Technology (NYSE:QUOT) reported Q2 losses of $(0.16) per share, missing the analyst consensus estimate of $(0.08) by 100%. The company also reported quarterly sales of $65.71 million, missing the analyst consensus estimate of $69.17 million by 5.01%. This represents a 5.12% decrease over sales from the same period last year.
August 08, 2023 | 9:09 pm
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Quotient Technology's Q2 earnings and sales missed analyst estimates. This could negatively impact the company's stock in the short term.
Quotient Technology reported lower than expected earnings and sales for Q2. This underperformance could lead to a decrease in the company's stock price as it indicates potential financial instability or lower profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100