Sonder Holdings Q2 EPS $(0.21) Misses $(0.17) Estimate, Sales $157.40M Miss $162.72M Estimate
Portfolio Pulse from vinayak@benzinga.com
Sonder Holdings (NASDAQ:SOND) reported Q2 losses of $(0.21) per share, missing the analyst consensus estimate of $(0.17) by 23.53%. The company also reported quarterly sales of $157.40 million, missing the analyst consensus estimate of $162.72 million by 3.27%. This represents a 5% decrease in losses and a 29.74% increase in sales compared to the same period last year.

August 09, 2023 | 8:37 pm
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Sonder Holdings reported Q2 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Sonder Holdings reported Q2 earnings and sales that were below analyst estimates. This underperformance could lead to a decrease in the company's stock price in the short term as it indicates that the company is not meeting expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100