Sigma Additive Solutions Q2 EPS $(0.12) Misses $(0.09) Estimate, Sales $97.04K Miss $440.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Sigma Additive Solutions (NASDAQ:SASI) reported Q2 losses of $(0.12) per share, missing the analyst consensus estimate of $(0.09) by 33.33%. Quarterly sales were $97.04K, missing the estimate of $440.00K by 77.94%. This represents a 45.45% increase in losses and a 58.99% decrease in sales compared to the same period last year.
August 14, 2023 | 9:22 pm
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NEGATIVE IMPACT
Sigma Additive Solutions reported larger than expected losses and lower than expected sales for Q2. This could negatively impact the company's stock in the short term.
Sigma Additive Solutions reported larger than expected losses and lower than expected sales for Q2. This underperformance compared to analyst estimates could lead to a decrease in the company's stock price in the short term as it indicates the company is not performing as well as expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100