Katapult Holdings Q3 2023 Adj EPS $(0.47) Beats $(1.79) Estimate, Sales $55.25M Beat $53.18M Estimate
Portfolio Pulse from totan@benzinga.com
Katapult Holdings (NASDAQ:KPLT) reported Q3 2023 earnings with losses of $(0.47) per share, beating the analyst consensus estimate of $(1.79) by 73.74%. This is a 73.14% increase over losses from the same period last year. The company also reported quarterly sales of $55.25 million, beating the analyst consensus estimate of $53.18 million by 3.89%. This is a 9.75% increase over sales from the same period last year.
November 08, 2023 | 12:07 pm
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POSITIVE IMPACT
Katapult Holdings reported better than expected Q3 2023 earnings and sales, which could positively impact its stock price.
Katapult Holdings reported a smaller loss than expected and higher sales, both beating analyst estimates. This positive financial performance could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100