Venus Concept Q2 Sales $20.10M Miss $20.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Venus Concept (NASDAQ:VERO) reported Q2 sales of $20.10 million, missing the analyst consensus estimate of $20.67 million by 2.76 percent. This represents a 26.28 percent decrease from the same period last year.
August 14, 2023 | 8:13 pm
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NEGATIVE IMPACT
Venus Concept's Q2 sales missed estimates and decreased significantly YoY, which could negatively impact its stock price.
Venus Concept's Q2 sales not only missed analyst estimates but also showed a significant decrease compared to the same period last year. This could lead to a negative sentiment among investors, potentially causing a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100