Aqua Metals Q3 2023 Gaap EPS $(0.04) Beats $(0.05) Estimate, Sales $25.00K Miss $80.00K Estimate
Portfolio Pulse from saritha@benzinga.com
Aqua Metals reported Q3 2023 GAAP EPS of $(0.04), beating the estimate of $(0.05) by 20%. However, the company's quarterly sales of $25.00K missed the estimate of $80.00K by 68.75%.
November 08, 2023 | 9:58 pm
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NEUTRAL IMPACT
Aqua Metals' Q3 2023 earnings beat estimates but sales fell short, which could lead to mixed market reactions.
Aqua Metals' EPS beat estimates, which is a positive signal for investors. However, the company's sales missed estimates by a significant margin, which could negatively impact investor sentiment. The net effect on the stock price could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100