Alarum Technologies Q2 EPS $(0.23) Beats $(0.24) Estimate, Sales $6.99M Beat $6.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alarum Technologies (NASDAQ:ALAR) reported Q2 losses of $(0.23) per share, beating the analyst consensus estimate of $(0.24) by 4.17%. This is a 71.25% increase over losses from the same period last year. The company also reported quarterly sales of $6.99 million, beating the analyst consensus estimate of $6.40 million by 9.14%. This is a 46.22% increase over sales from the same period last year.
August 24, 2023 | 12:02 pm
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POSITIVE IMPACT
Alarum Technologies reported better than expected Q2 earnings and sales, which could positively impact the stock price.
Alarum Technologies reported Q2 earnings and sales that beat analyst estimates. This is generally seen as positive news and could lead to an increase in the stock price. The company's losses have also decreased compared to the same period last year, which is another positive sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100