BM Technologies Q2 EPS $(0.39) Misses $(0.24) Estimate, Sales $12.99M Miss $15.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
BM Technologies reported Q2 losses of $0.39 per share, missing the analyst consensus estimate of $0.24 by 62.5%. This is a 360% decrease over earnings of $0.15 per share from the same period last year. The company also reported quarterly sales of $12.99 million, missing the analyst consensus estimate of $15.06 million by 13.76%. This is a 43.55% decrease over sales of $23.01 million the same period last year.
August 22, 2023 | 8:18 pm
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BM Technologies reported a significant miss on both earnings and sales for Q2. Earnings per share were down 360% YoY and sales were down 43.55% YoY.
BM Technologies reported a significant miss on both earnings and sales for Q2, which is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
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