EXCLUSIVE: Inuvo Q3 EPS $(0.01) Beats $(0.03) Estimate, Sales $24.57M Beat $17.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Inuvo (AMEX:INUV) reported Q3 earnings per share of $(0.01), beating the analyst consensus estimate of $(0.03) by 66.67%. The company also reported quarterly sales of $24.57 million, surpassing the analyst consensus estimate of $17.25 million by 42.40%. Both figures represent significant increases over the same period last year.
November 10, 2023 | 1:15 pm
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POSITIVE IMPACT
Inuvo's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive short-term impact on the company's stock.
Inuvo's Q3 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100