Recap: DecisionPoint Sys Q3 Earnings
Portfolio Pulse from Benzinga Insights
DecisionPoint Sys (AMEX:DPSI) reported Q3 earnings with an EPS of $0.13, surpassing estimates by 85.71% against the expected $0.07. Revenue increased by $1.43 million compared to the same period last year. Following last quarter's earnings beat, DPSI's share price rose by 7.21% the next day.
November 14, 2023 | 12:05 pm
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DecisionPoint Sys reported a significant earnings beat with an EPS of $0.13, greatly exceeding the estimated $0.07. Revenue also showed a notable increase from the previous year.
Given the substantial earnings beat and the historical response of DPSI's share price to positive earnings results, it is likely that the stock will experience a short-term increase in price. The previous quarter's beat resulted in a 7.21% rise in share price, suggesting a pattern that could repeat.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100