Freightos Q3 2023 Adj EPS $(0.07) Beats $(0.13) Estimate, Sales $5.11M Beat $5.07M Estimate
Portfolio Pulse from totan@benzinga.com
Freightos (NASDAQ:CRGO) reported Q3 2023 earnings with an adjusted EPS of $(0.07), surpassing the $(0.13) estimate, and sales of $5.11M, slightly above the $5.07M estimate. The EPS shows a significant improvement from the $(0.70) loss per share in the same quarter last year, and sales have increased by 8.94% from $4.69M in the previous year.
November 21, 2023 | 12:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Freightos reported better-than-expected Q3 2023 earnings and revenue, with a significant year-over-year improvement in EPS and sales growth.
Freightos' earnings beat and positive sales growth are likely to be viewed favorably by investors, potentially leading to a short-term increase in stock price. The substantial improvement in EPS compared to last year and the sales growth indicate a strong financial performance, which is critical for investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100