Recap: Strata Skin Sciences Q3 Earnings
Portfolio Pulse from Benzinga Insights
Strata Skin Sciences (NASDAQ:SSKN) reported Q3 earnings with an EPS of $-0.03, beating estimates by 25% but with a revenue decline of $561 thousand from the previous year. The company's stock price had previously dropped 27.27% following a missed EPS estimate last quarter.
November 14, 2023 | 9:25 pm
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SSKN reported a better-than-expected Q3 EPS but with lower year-over-year revenue. Previous earnings miss led to a significant stock price drop.
While SSKN beat the EPS estimate, the decline in revenue and historical stock price drop after last quarter's earnings miss suggest a mixed reaction. The positive EPS surprise may be offset by concerns over declining revenue, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100