Assure Hldgs Q2 EPS $(1.63) Vs $(7.32) Last Year, Sales $1.54M Miss $5.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Assure Holdings reported Q2 losses of $(1.63) per share, an improvement from $(7.32) per share last year. However, the company's quarterly sales of $1.54 million missed the analyst consensus estimate of $5.20 million by 70.33 percent, marking a 6.20 percent decrease from the same period last year.
August 14, 2023 | 10:08 pm
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NEGATIVE IMPACT
Assure Holdings reported improved Q2 losses but missed sales estimates significantly. This could negatively impact investor sentiment.
Assure Holdings reported a significant miss on sales estimates, which is a key performance indicator. This could lead to negative investor sentiment and a potential decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100