Skillsoft Q2 EPS $(0.20) Misses $(0.19) Estimate, Sales $141.19M Beat $139.21M Estimate
Portfolio Pulse from Benzinga Newsdesk
Skillsoft reported Q2 losses of $(0.20) per share, missing the analyst consensus estimate of $(0.19) by 5.26%. This is a 322.22% decrease over earnings of $0.09 per share from the same period last year. However, the company's quarterly sales of $141.19 million beat the analyst consensus estimate of $139.21 million by 1.42%, a 0.44% increase over sales of $140.57 million the same period last year.
September 11, 2023 | 8:07 pm
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NEUTRAL IMPACT
Skillsoft's Q2 earnings per share missed estimates by 5.26%, but sales beat estimates by 1.42%. This mixed result could lead to uncertainty in the market.
Skillsoft's earnings per share missed estimates, indicating potential issues with profitability. However, the sales beat estimates, showing strong demand for their products. This mixed result could lead to uncertainty among investors, potentially impacting the stock price.
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RELEVANCE 100