TOMI Environmental Solns Q2 Sales $2.77M Miss $4.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
TOMI Environmental Solns (NASDAQ:TOMZ) reported Q2 sales of $2.77 million, missing the analyst consensus estimate of $4.04 million by 31.32 percent. However, this is a 90.31 percent increase over sales of $1.46 million the same period last year.
August 14, 2023 | 8:06 pm
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TOMI Environmental Solns missed Q2 sales estimates by 31.32%, but reported a 90.31% YoY increase.
TOMI Environmental Solns missed its Q2 sales estimates, which could negatively impact investor sentiment and potentially lead to a short-term decrease in stock price. However, the significant YoY increase in sales might mitigate this impact to some extent.
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