Mogo Q2 Sales $16.00M Beat $11.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mogo (NASDAQ:MOGO) reported Q2 sales of $16.00 million, beating the analyst consensus estimate of $11.51 million by 39.01 percent. This represents an 18.09 percent increase over sales of $13.55 million in the same period last year.
August 10, 2023 | 1:27 pm
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POSITIVE IMPACT
Mogo's Q2 sales exceeded analyst estimates by 39.01%, indicating strong performance. This could potentially boost investor confidence and positively impact the stock price in the short term.
Mogo's Q2 sales significantly exceeded analyst estimates, which is typically a positive signal to investors and can lead to an increase in the stock price. The 18.09% YoY increase further demonstrates the company's strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100