Dave Q2 EPS $(1.90) Beats $(1.97) Estimate, Sales $61.23M Miss $61.55M Estimate
Portfolio Pulse from sunil@benzinga.com
Dave (NASDAQ:DAVE) reported Q2 losses of $(1.90) per share, beating the analyst consensus estimate of $(1.97) by 3.55%. However, the company's quarterly sales of $61.23 million missed the analyst consensus estimate of $61.55 million by 0.51%. Compared to the same period last year, the losses decreased by 15.18% and sales increased by 33.69%.
August 08, 2023 | 9:26 pm
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Dave's Q2 earnings beat EPS estimates but missed on sales. The losses decreased by 15.18% YoY and sales increased by 33.69% YoY.
Dave's Q2 earnings report showed a beat on EPS estimates but a miss on sales, which could lead to a mixed market reaction. The YoY decrease in losses and increase in sales indicate some positive trends, but the sales miss might concern investors.
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IMPORTANCE 80
RELEVANCE 100