Sonendo Q2 EPS $(0.19) Misses $(0.15) Estimate, Sales $11.04M Miss $11.33M Estimate
Portfolio Pulse from totan@benzinga.com
Sonendo (NYSE:SONX) reported Q2 losses of $(0.19) per share, missing the analyst consensus estimate of $(0.15) by 26.67%. The company also reported quarterly sales of $11.04M, missing the estimate of $11.33M by 2.53%. However, these figures represent an increase over the same period last year.
August 09, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Sonendo's Q2 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Sonendo's Q2 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market and could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100