Riskified Q4 Adj EPS $0.07 Beats $0.03 Estimate, Sales $84.06M Beat $84.02M Estimate
Portfolio Pulse from Benzinga Newsdesk
Riskified (NYSE:RSKD) reported Q4 adjusted EPS of $0.07, surpassing the $0.03 estimate, a 133.33% increase year-over-year. Sales reached $84.06M, slightly above the $84.02M estimate, marking a 6.01% increase from the previous year.
March 05, 2024 | 11:47 am
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Riskified reported a significant beat on both EPS and sales estimates for Q4, indicating strong year-over-year growth.
Riskified's earnings and sales beat are likely to positively impact investor sentiment and the stock price in the short term. The substantial beat on EPS, coupled with sales exceeding estimates, demonstrates the company's strong performance and growth, which are key drivers of stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100