Super League Enterprise Q3 Adj EPS $(1.16) Beats $(1.69) Estimate, Sales $7.20M Beat $6.62M Estimate
Portfolio Pulse from bharat@benzinga.com
Super League Enterprise (NASDAQ:SLE) reported Q3 adjusted EPS of $(1.16), surpassing the $(1.69) estimate, marking a 63.75% improvement from last year. Sales reached $7.20M, exceeding the $6.62M estimate and showing a 59.61% increase from the previous year.
November 14, 2023 | 9:53 pm
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POSITIVE IMPACT
Super League Enterprise reported a smaller-than-expected Q3 loss and higher sales, indicating a strong performance compared to last year.
Beating both EPS and sales estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. The significant improvement over last year's performance further strengthens the positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100