Knightscope Q3 EPS (0.11) Up From $(0.14) YoY, Revenue $3.324 Beats $3M Estimate
Portfolio Pulse from Benzinga Newsdesk
Knightscope reported a Q3 EPS of $(0.11), an improvement from $(0.14) year-over-year. The company's revenue of $3.324 million exceeded the $3 million estimate.
November 13, 2023 | 2:44 pm
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POSITIVE IMPACT
Knightscope's Q3 earnings per share improved to $(0.11) from $(0.14) compared to last year, and revenue beat estimates by $324K, coming in at $3.324 million against a $3 million forecast.
The improvement in EPS and the revenue beat are positive indicators of the company's performance and may lead to a positive short-term impact on Knightscope's stock price. Investors typically respond well to earnings that exceed expectations, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100