Vislink Technologies Q3 2023 Gaap EPS $(0.83) Up From $(1.20) YoY, Sales $7.18M Miss $8.18M Estimate
Portfolio Pulse from saritha@benzinga.com
Vislink Technologies reported Q3 2023 GAAP EPS of $(0.83), a 30.83% improvement YoY, but missed sales estimates by 12.24%, reporting $7.18M against the expected $8.18M. This represents a slight increase of 0.91% in sales compared to the same period last year.
November 08, 2023 | 10:04 pm
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NEUTRAL IMPACT
Vislink Technologies reported an improvement in GAAP EPS but missed sales estimates for Q3 2023. This could potentially impact investor sentiment.
While the improvement in GAAP EPS is a positive sign, the missed sales estimates could be a concern for investors. The net impact on the stock price could be neutral in the short term as the market weighs the positive and negative aspects of the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100