BrainsWay Q3 EPS $(0.01) Beats $(0.04) Estimate, Sales $8.30M Beat $7.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
BrainsWay (NASDAQ:BWAY) reported Q3 earnings with an EPS of $(0.01), surpassing the $(0.04) estimate, marking a significant improvement from the $(0.30) per share loss in the same quarter last year. Sales reached $8.30M, exceeding the $7.73M estimate and showing a 60.64% increase from the previous year's $5.17M.
November 15, 2023 | 12:38 pm
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BrainsWay reported a smaller-than-expected Q3 loss and higher sales, indicating strong performance and potential growth.
The positive earnings report from BrainsWay, with better-than-expected EPS and sales figures, suggests a strong financial performance and could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100