Mondee Hldgs Q2 Adj EPS $(0.05) Beats $(0.10) Estimate, Sales $56.77M Beat $55.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondee Hldgs (NASDAQ:MOND) reported Q2 adjusted losses of $(0.05) per share, beating the analyst consensus estimate of $(0.10) by 50%. The company also reported quarterly sales of $56.77 million, beating the analyst consensus estimate of $55.44 million by 2.40%. This represents a 32.95% increase over sales from the same period last year.
August 15, 2023 | 10:52 am
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POSITIVE IMPACT
Mondee Hldgs reported better than expected Q2 results, which could positively impact the stock in the short term.
Mondee Hldgs reported better than expected earnings and sales for Q2, which is generally seen as a positive signal by the market and could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100