eMagin Q2 EPS $(0.13) Misses $(0.03) Estimate, Sales $4.96M Miss $6.96M Estimate
Portfolio Pulse from Benzinga Newsdesk
eMagin reported Q2 losses of $0.13 per share, missing the analyst consensus estimate of $0.03 by 333.33%. This is a 550% decrease from the same period last year. The company also reported quarterly sales of $4.96M, missing the estimate of $6.96M by 28.81%, a 30.79% decrease from last year.
August 10, 2023 | 12:11 pm
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NEGATIVE IMPACT
eMagin's Q2 earnings missed estimates significantly, with losses per share and sales both falling short. This could negatively impact investor sentiment.
eMagin's Q2 earnings missed estimates by a significant margin, both in terms of losses per share and sales. This underperformance could lead to a decrease in investor confidence and potentially a drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100