Inpixon Q2 Adj $(0.18) Up From $(5.25) YoY, Sales $2.06M Down From $4.72M YoY
Portfolio Pulse from Benzinga Newsdesk
Inpixon (NASDAQ:INPX) reported Q2 losses of $(0.18) per share, a 96.57% increase from $(5.25) per share YoY. Sales were reported at $2.06M, a 56.47% decrease from $4.72M YoY.
August 14, 2023 | 9:06 pm
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NEUTRAL IMPACT
Inpixon's Q2 results show a significant improvement in losses per share but a substantial decrease in sales YoY.
While Inpixon's losses per share have significantly improved, indicating better cost management, the substantial decrease in sales could be a concern for investors, potentially indicating a decrease in demand for their products or services. This mixed result makes it difficult to predict the short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100