XWELL Q2 Sales $8.20M Beat $8.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
XWELL reported Q2 sales of $8.20 million, beating the analyst consensus estimate of $8.15 million by 0.61 percent. However, this represents a 39.69 percent decrease compared to the same period last year.
August 14, 2023 | 8:34 pm
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XWELL's Q2 sales surpassed estimates but are significantly lower than last year's figures.
While XWELL beat the sales estimates for Q2, the significant YoY decrease could be a concern for investors. This mixed result makes it difficult to predict the short-term impact on the stock price.
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