Siyata Mobile Q2 EPS $(3.02) Misses $(3.00) Estimate, Sales $2.71M Beat $2.07M Estimate
Portfolio Pulse from mahesh@benzinga.com
Siyata Mobile reported Q2 losses of $(3.02) per share, missing the analyst consensus estimate of $(3.00) by 0.67 percent. This is a 941.38 percent decrease from the same period last year. However, the company's quarterly sales of $2.71 million beat the analyst consensus estimate of $2.07 million by 30.97 percent, marking a 179.62 percent increase from last year.
August 14, 2023 | 8:29 pm
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Siyata Mobile's Q2 earnings per share missed estimates, but sales exceeded expectations. The company's losses increased significantly compared to last year, while sales saw a substantial increase.
Siyata Mobile's Q2 earnings per share missed estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could have a positive effect. The significant increase in losses compared to last year is a concern, but the substantial increase in sales could offset this to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100