LENSAR Q3 EPS $(0.23) Beats $(0.34) Estimate, Sales $9.79M Miss $10.20M Estimate
Portfolio Pulse from totan@benzinga.com
LENSAR (NASDAQ:LNSR) reported Q3 losses of $(0.23) per share, beating the analyst consensus estimate of $(0.34) by 32.35%. However, the company's quarterly sales of $9.79 million missed the analyst consensus estimate of $10.20 million by 3.97%. This represents a 26.42% increase over sales from the same period last year.
November 09, 2023 | 12:08 pm
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NEUTRAL IMPACT
LENSAR's Q3 earnings beat estimates but sales missed, indicating mixed performance.
LENSAR's earnings beat estimates, 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 uncertainty in the market, potentially impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100