Quantum-Si Q3 EPS $(0.17) Beats $(0.19) Estimate, Sales $223.00K Miss $400.00K Estimate
Portfolio Pulse from bharat@benzinga.com
Quantum-Si (NASDAQ:QSI) reported Q3 losses of $(0.17) per share, beating the analyst consensus estimate of $(0.19) by 10.53%. However, the company's quarterly sales of $223.00K missed the analyst consensus estimate of $400.00K by 44.25%.
November 09, 2023 | 10:15 pm
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Quantum-Si's Q3 earnings per share beat estimates, but sales missed estimates significantly.
While Quantum-Si's Q3 earnings per share beat estimates, indicating potentially better-than-expected profitability, the significant miss on sales could be a concern for investors, suggesting weaker-than-expected demand or operational issues. This mixed result makes the short-term impact on the stock price uncertain.
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