Nauticus Robotics Q2 Adj EPS $(0.20), Inline, Sales $1.13M Miss $2.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nauticus Robotics (NASDAQ:KITT) reported Q2 adjusted EPS of $(0.20), in line with analyst consensus. However, the company's quarterly sales of $1.13M missed the analyst consensus estimate of $2.40M by 53.00 percent.
August 11, 2023 | 12:49 pm
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Nauticus Robotics' Q2 earnings were in line with expectations, but sales significantly missed estimates.
Nauticus Robotics' Q2 earnings report shows that while the company's EPS was in line with analyst expectations, its sales fell significantly short of estimates. This could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100