TaskUs Q2 Adj $0.32 Beats $0.30 Estimate, Sales $229.17M Beat $226.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
TaskUs (NASDAQ:TASK) reported Q2 earnings of $0.32 per share, beating the analyst consensus estimate of $0.30 by 6.67%. However, this is a 15.79% decrease from the same period last year. The company also reported quarterly sales of $229.17 million, beating the estimate of $226.69 million by 1.09%, but this is a 7.02% decrease from the same period last year.
August 09, 2023 | 8:13 pm
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TaskUs beat Q2 earnings and sales estimates, but both figures decreased compared to the same period last year.
While TaskUs beat the estimates for Q2 earnings and sales, the year-over-year decrease in both figures could potentially offset the positive impact of beating estimates. This mixed result makes the short-term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100