NeoGames Q3 EPS $0.13 Beats $(0.08) Estimate, Sales $46.34M Miss $63.81M Estimate
Portfolio Pulse from Benzinga Newsdesk
NeoGames (NASDAQ:NGMS) reported Q3 earnings of $0.13 per share, beating the analyst consensus estimate of $(0.08) by 262.5 percent. This is a 30 percent increase from the same period last year. However, the company's quarterly sales of $46.34 million missed the analyst consensus estimate of $63.81 million by 27.38 percent, marking a 25.47 percent decrease from the same period last year.
November 08, 2023 | 9:27 pm
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NeoGames' Q3 earnings exceeded expectations but sales fell short of estimates. This mixed result could lead to uncertainty in the market.
NeoGames' earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The mixed results could lead to uncertainty in the market, potentially impacting the stock price in the short term.
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RELEVANCE 100