Priority Tech Holdings Q2 EPS $(0.16) Misses $(0.12) Estimate, Sales $182.29M Miss $188.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Priority Tech Holdings (NASDAQ:PRTH) reported Q2 losses of $(0.16) per share, missing the analyst consensus estimate of $(0.12) by 33.33%. This is a 45.45% decrease from the same period last year. The company also reported quarterly sales of $182.29 million, missing the analyst consensus estimate of $188.48 million by 3.28%. However, this is a 9.53% increase from the same period last year.
August 10, 2023 | 11:31 am
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Priority Tech Holdings reported Q2 losses and sales that missed analyst estimates. This could negatively impact the company's stock in the short term.
Priority Tech Holdings reported Q2 losses and sales that were below analyst estimates. This underperformance could lead to a decrease in investor confidence, potentially causing the company's stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100