Personalis Q3 EPS $(0.60) Misses $(0.53) Estimate, Sales $18.25M Beat $16.98M Estimate
Portfolio Pulse from mahesh@benzinga.com
Personalis (NASDAQ:PSNL) reported Q3 losses of $(0.60) per share, missing the analyst consensus estimate of $(0.53) by 13.21%. This is a 3.45% decrease over losses from the same period last year. However, the company reported quarterly sales of $18.25 million, beating the analyst consensus estimate of $16.98 million by 7.46%, a 22.81% increase over sales from the same period last year.

November 07, 2023 | 9:18 pm
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NEUTRAL IMPACT
Personalis reported Q3 losses greater than expected but beat sales estimates. This mixed result could lead to uncertain market reactions.
Personalis reported a higher than expected loss per share, which is negative for the stock. However, they also reported higher than expected sales, which is positive. These mixed results make the short term impact on the stock uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100