ReWalk Robotics Q2 EPS $(0.08) Misses $(0.07) Estimate, Sales $1.34M Miss $1.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
ReWalk Robotics reported Q2 losses of $(0.08) per share, missing the analyst consensus estimate of $(0.07) by 14.29%. The company also reported quarterly sales of $1.34 million, missing the estimate of $1.34 million by 0.22%. This represents a decrease in both earnings and sales compared to the same period last year.
August 11, 2023 | 12:02 pm
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NEGATIVE IMPACT
ReWalk Robotics' Q2 earnings and sales missed estimates, indicating a potential negative impact on the company's stock.
ReWalk Robotics reported lower than expected earnings and sales for Q2. This underperformance could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100