Dynatronics Q1 EPS $(0.12) Compared With $(0.18) YoY, Sales $9.35M Beat $9.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynatronics reported Q1 losses of $(0.12) per share, beating the analyst consensus estimate of $(0.23) by 47.83%. The company also reported quarterly sales of $9.35 million, beating the analyst consensus estimate of $9.12 million by 2.54%. However, this represents a 22.41% decrease over sales of $12.05 million the same period last year.
November 09, 2023 | 1:38 pm
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NEUTRAL IMPACT
Dynatronics' Q1 results beat analyst estimates on both EPS and sales, but sales are down 22.41% YoY.
While Dynatronics beat analyst estimates for Q1, the decrease in sales compared to the same period last year may concern investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100