CORRECTION: ECARX Holdings Q2 EPS $(0.07) Beats $(0.11) Estimate, Sales $131.40M Beat $130.78M Estimate
Portfolio Pulse from Happy Mohamed
ECARX Holdings (NASDAQ:ECX) reported Q2 earnings per share of $(0.07), beating the analyst consensus estimate of $(0.11) by 36.36%. The company also reported quarterly sales of $131.40 million, surpassing the analyst consensus estimate of $130.78 million by 0.47%.
August 09, 2023 | 11:54 am
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POSITIVE IMPACT
ECARX Holdings reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
ECARX Holdings reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100