Performant Finl Q3 2023 Adj EPS $0.01 Beats $(0.02) Estimate, Sales $29.96M Beat $27.87M Estimate
Portfolio Pulse from vinayak@benzinga.com
Performant Financial (NASDAQ:PFMT) reported Q3 2023 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.02) by 150%. The company also reported quarterly sales of $29.96 million, surpassing the analyst consensus estimate of $27.87 million by 7.51%. Both earnings and sales figures represent significant increases from the same period last year.
November 07, 2023 | 9:09 pm
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POSITIVE IMPACT
Performant Financial's Q3 2023 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Performant Financial reported better-than-expected Q3 2023 earnings and sales, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100