Airspan Networks Hldgs Q3 EPS $0.12 Beats $(0.27) Estimate, Sales $14.26M Miss $15.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Airspan Networks Hldgs (AMEX:MIMO) reported Q3 earnings of $0.12 per share, beating the analyst consensus estimate of $(0.27) by 144.44%. However, the company's quarterly sales of $14.26 million missed the analyst consensus estimate of $15.90 million by 10.32%. This represents a 65.30% decrease over sales from the same period last year.
November 08, 2023 | 10:45 pm
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Airspan Networks' Q3 earnings beat estimates but sales missed, indicating mixed financial performance.
Airspan Networks reported better than expected earnings per share, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100