Katapult Holdings Q2 EPS $(1.09) Beats $(2.25) Estimate, Sales $54.57M Beat $53.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Katapult Holdings (NASDAQ:KPLT) reported Q2 losses of $(1.09) per share, beating the analyst consensus estimate of $(2.25) by 51.56%. This is a 990% decrease over losses from the same period last year. The company also reported quarterly sales of $54.57 million, beating the analyst consensus estimate of $53.70 million by 1.62%, a 2.89% increase over sales from the same period last year.
August 09, 2023 | 11:04 am
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Katapult Holdings reported better than expected Q2 results, with losses and sales beating analyst estimates. This could potentially lead to a positive market reaction.
Katapult Holdings reported Q2 results that beat analyst estimates, both in terms of losses per share and sales. This is generally seen as positive news by the market and could lead to an increase in the company's stock price in the short term.
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