Southland shares are trading lower after the company reported preliminary Q2 revenue below the consensus estimate.
Portfolio Pulse from Benzinga Newsdesk
Southland's shares are trading lower following the company's announcement of preliminary Q2 revenue that fell below consensus estimates.
August 11, 2023 | 3:16 pm
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Southland's lower than expected Q2 revenue has led to a decrease in the company's share price.
Southland's shares are trading lower due to the company's Q2 revenue falling short of consensus estimates. This indicates that the company's financial performance was not as strong as expected, which is likely to negatively impact investor sentiment and the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100