FiscalNote Holdings Q2 EPS $(0.23) Misses $(0.13) Estimate, Sales $32.84M Miss $33.12M Estimate
Portfolio Pulse from totan@benzinga.com
FiscalNote Holdings (NYSE:NOTE) reported Q2 losses of $(0.23) per share, missing the analyst consensus estimate of $(0.13) by 76.92%. The company also reported quarterly sales of $32.84 million, missing the analyst consensus estimate of $33.12 million by 0.84%. However, this represents a 20.86% increase over sales of $27.17 million the same period last year.

August 09, 2023 | 11:03 am
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NEGATIVE IMPACT
FiscalNote's Q2 earnings and sales missed analyst estimates. However, sales increased by 20.86% compared to the same period last year.
FiscalNote's Q2 earnings and sales missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the YoY sales increase might mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100