Singular Genomics Sys Q2 EPS $(0.35) Beats $(0.37) Estimate, Sales $505.00K Miss $1.15M Estimate
Portfolio Pulse from vinayak@benzinga.com
Singular Genomics Sys (NASDAQ:OMIC) reported Q2 losses of $(0.35) per share, beating the analyst consensus estimate of $(0.37) by 5.41%. However, the company's quarterly sales of $505.00K missed the analyst consensus estimate of $1.15M by 56.09%.
August 09, 2023 | 8:23 pm
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Singular Genomics Sys reported better than expected Q2 EPS but missed on sales. This mixed result could lead to volatility in the stock price.
Singular Genomics Sys reported a better than expected EPS, which is a positive signal for investors. However, the company missed the sales estimate, which could be a concern. This mixed result could lead to volatility in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100