SpringBig Holdings Q2 EPS $(0.06) Misses $(0.04) Estimate, Sales $7.21M Miss $7.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
SpringBig Holdings (NASDAQ:SBIG) reported Q2 losses of $(0.06) per share, missing the analyst consensus estimate of $(0.04) by 50%. The company also reported quarterly sales of $7.21 million, missing the analyst consensus estimate of $7.30 million by 1.18%. However, both losses and sales showed an increase compared to the same period last year.
August 10, 2023 | 9:17 pm
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SpringBig Holdings reported Q2 earnings that missed analyst estimates. However, the company showed an increase in both losses and sales compared to the same period last year.
SpringBig Holdings reported lower than expected earnings for Q2, which could negatively impact the stock price in the short term. However, the YoY increase in both losses and sales might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100