MeridianLink Q3 Adj EPS $0.10 Beats $0.04 Estimate, Sales $76.49M Miss $76.73M Estimate
Portfolio Pulse from bharat@benzinga.com
MeridianLink (NYSE:MLNK) reported Q3 earnings of $0.10 per share, beating the analyst consensus estimate of $0.04 by 150%. This is a 66.67% increase from the same period last year. However, the company's quarterly sales of $76.49 million missed the analyst consensus estimate of $76.73 million by 0.32%, though it's a 6.60% increase from last year.
November 01, 2023 | 9:08 pm
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MeridianLink's Q3 earnings beat estimates, but sales missed the mark. This mixed result could lead to uncertain short-term price movements.
MeridianLink's earnings beat estimates, which is a positive signal for investors and could drive the stock price up. However, the company's sales missed estimates, which could negatively impact the stock price. These mixed results create uncertainty about the short-term price direction.
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IMPORTANCE 80
RELEVANCE 100