LENSAR Q4 EPS $(0.35) Misses $(0.22) Estimate, Sales $12.11M Beat $12.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
LENSAR (NASDAQ:LNSR) reported Q4 earnings with a per-share loss of $(0.35), missing the $(0.22) estimate, and sales of $12.11M, slightly above the $12.00M estimate. This represents a decrease in earnings and an increase in sales compared to the same period last year.
March 04, 2024 | 12:02 pm
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NEUTRAL IMPACT
LENSAR reported a larger-than-expected quarterly loss but exceeded sales estimates, indicating mixed financial health.
The missed EPS estimate by a significant margin could concern investors about profitability, potentially pressuring the stock. However, the beat on sales estimates and year-over-year sales growth might offset some negative sentiment by showing business growth. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100