Recap: Leafly Holdings Q3 Earnings
Portfolio Pulse from Benzinga Insights
Leafly Holdings (NASDAQ:LFLY) reported its Q3 earnings, missing estimated earnings by 2.8% with an EPS of $-1.1 versus an estimate of $-1.07. Revenue was down $1.20 million from the same period last year. Last quarter, the company beat on EPS by $1.0, which was followed by a 13.68% increase in the share price the next day.

November 09, 2023 | 9:10 pm
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Leafly Holdings missed Q3 earnings estimates and reported a decrease in revenue. However, last quarter's EPS beat led to a significant share price increase.
Leafly Holdings missed its earnings estimates, which is typically a negative signal to investors and can lead to a decrease in the stock price. Additionally, the company reported a decrease in revenue compared to the same period last year, which could further negatively impact the stock price. However, it's worth noting that last quarter, the company's EPS beat led to a significant increase in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100