AdTheorent Holding Q3 EPS $(0.05) Down From $0.06 YoY, Sales $40.89M Beat $40.85M Estimate
Portfolio Pulse from mahesh@benzinga.com
AdTheorent Holding (NASDAQ:ADTH) reported Q3 losses of $(0.05) per share, a 183.33% decrease YoY. However, the company's quarterly sales of $40.89M beat the analyst consensus estimate of $40.85M by 0.10%, marking an 8.80% increase YoY.
November 07, 2023 | 10:13 pm
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AdTheorent Holding reported a YoY decrease in earnings but an increase in sales, beating estimates.
AdTheorent's Q3 report shows a significant decrease in earnings YoY, which could negatively impact the stock. However, the company beat sales estimates, which could offset the negative impact of the earnings decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100