Super League Enterprise Stock Gains On Q3 Earnings: The Details
Portfolio Pulse from Ryan Gustafson
Super League Enterprise, Inc. (NASDAQ:SLE) reported Q3 earnings with a loss of $1.16 per share, beating analyst estimates of a $1.69 loss and improving from last year's $3.20 loss. Revenue was $7.20 million, surpassing expectations of $6.62 million and marking a 59.61% increase from the previous year. The company's media and advertising revenue grew 24% to $2.9 million, and they anticipate $9 million in revenue for Q4. The stock rose 7.56% to $1.42 in after-hours trading.
November 14, 2023 | 10:48 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Super League Enterprise (SLE) reported better-than-expected Q3 earnings, with a smaller loss and higher revenue, leading to a 7.56% increase in after-hours stock price.
The positive earnings report, which showed a significant improvement in both loss per share and revenue compared to analyst expectations and last year's figures, is likely to instill investor confidence and could lead to a short-term uptick in SLE's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100