FlexShopper Q2 EPS $(0.22) Down From $0.51 YoY, Sales $24.50M Down From $36.55M YoY
Portfolio Pulse from Benzinga Newsdesk
FlexShopper (NASDAQ:FPAY) reported Q2 losses of $(0.22) per share, a 143.14% decrease YoY. Sales also decreased by 32.96% to $24.50M compared to $36.55M in the same period last year.
August 14, 2023 | 8:55 pm
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NEGATIVE IMPACT
FlexShopper reported a significant decrease in Q2 earnings and sales YoY. This could negatively impact the company's stock price in the short term.
FlexShopper's Q2 earnings report shows a significant decrease in both earnings per share and sales compared to the same period last year. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100