Riskified Q3 Adj. EPS $(0.02) Compared With $(0.05) YoY, Sales $71.87M Beat $71.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Riskified (NYSE:RSKD) reported Q3 adjusted EPS of $(0.02), an improvement over the $(0.05) from the same period last year, and beating analyst estimates of $(0.06). Sales reached $71.87M, surpassing the $71.44M estimate and marking a 13.77% increase from last year's $63.17M.
November 15, 2023 | 12:05 pm
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POSITIVE IMPACT
Riskified reported better-than-expected Q3 earnings and sales, indicating potential positive sentiment among investors.
Riskified's Q3 earnings report shows an improvement in EPS and an increase in sales compared to last year, beating analyst expectations. This positive earnings surprise is likely to instill investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100