Recruiter.Com Group Q2 EPS $(0.06) Beats $(0.15) Estimate, Sales $2.04M Miss $3.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Recruiter.Com Group (NASDAQ:RCRT) reported Q2 EPS of $(0.06), beating the estimate of $(0.15) by 60%. However, the company's sales of $2.04M missed the estimate of $3.51M by 41.85%. This represents a 62.5% increase in EPS and a 71.3% decrease in sales compared to the same period last year.
August 14, 2023 | 9:25 pm
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Recruiter.Com Group's Q2 results showed a significant increase in EPS but a substantial decrease in sales compared to estimates and the same period last year.
The company's EPS beat estimates, which is a positive signal for investors. However, the significant miss in sales could be a concern, potentially indicating lower demand or operational issues. The mixed results make the short-term impact on the stock price uncertain.
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