Milestone Scientific Q3 EPS $(0.02) Up From $(0.03) YoY, Sales $2.06M Miss $2.76M Estimate
Portfolio Pulse from Benzinga Newsdesk
Milestone Scientific reported a Q3 EPS of $(0.02), improving from $(0.03) YoY. However, their sales of $2.06M fell short of the $2.76M estimate, marking a 7.04% decrease from last year's sales.
November 15, 2023 | 12:12 pm
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NEGATIVE IMPACT
Milestone Scientific's Q3 EPS improved YoY, but missed sales estimates and saw a decrease in sales compared to last year.
The improvement in EPS is positive, but the miss on sales estimates and the year-over-year decrease in sales are likely to have a more significant negative impact on investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100