PhenixFIN Q1 Sales $5.72M Beat $5.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
PhenixFIN (NASDAQ:PFX) reported Q1 sales of $5.72M, surpassing the analyst consensus estimate of $5.51M by 3.84% and marking a 21.66% increase from the same period last year.
February 08, 2024 | 9:39 pm
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POSITIVE IMPACT
PhenixFIN reported a 3.84% beat on sales estimates and a 21.66% increase year-over-year for Q1.
Beating sales estimates and showing significant year-over-year growth are strong indicators of positive performance and investor confidence. This is likely to lead to a positive short-term impact on PFX's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100