MIND Technology Q2 EPS $(0.18) Misses $(0.14) Estimate, Sales $8.80M Miss $9.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
MIND Technology reported Q2 losses of $0.18 per share, missing the analyst consensus estimate of $0.14 by 28.57%. The company also reported quarterly sales of $8.80 million, missing the estimate of $9.20 million by 4.35%. However, these figures represent a 10% increase in losses and a 1% increase in sales from the same period last year.
September 13, 2023 | 8:19 pm
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NEGATIVE IMPACT
MIND Technology's Q2 results missed analyst estimates, which could negatively impact the stock price in the short term.
MIND Technology's Q2 results missed analyst estimates, both in terms of EPS and sales. This could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100