Sigma Additive Solutions Q3 EPS $(1.57) Beats $(1.80) Estimate, Sales $141.99K Miss $560.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Sigma Additive Solutions (NASDAQ:SASI) reported Q3 earnings with an EPS loss of $(1.57), surpassing the $(1.80) estimate, marking a 64.32% improvement from last year's $(4.40) loss per share. Sales reached $141.99M, vastly exceeding the $560K estimate and representing a 75.33K% increase from the previous year's $188.25K.
November 13, 2023 | 9:28 pm
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Sigma Additive Solutions reported a smaller-than-expected Q3 EPS loss and a significant sales increase, indicating strong performance and potential investor optimism.
Sigma Additive Solutions' Q3 results show a substantial improvement in both EPS and sales compared to the same period last year and analyst estimates. The EPS beat and the massive sales outperformance are likely to be viewed positively by investors, potentially leading to a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100