Rubicon Technologies Q4 2023 GAAP EPS $(0.340) Beats $(0.420) Estimate, Sales $170.663M Beat $169.750M Estimate
Portfolio Pulse from Benzinga Newsdesk
Rubicon Technologies (NYSE:RBT) reported Q4 2023 earnings with a GAAP EPS of $(0.340), surpassing the $(0.420) estimate. Sales reached $170.663M, exceeding the $169.750M forecast and marking a 2.81% increase from the previous year.
March 07, 2024 | 9:35 pm
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Rubicon Technologies reported better-than-expected Q4 2023 earnings, with a GAAP EPS of $(0.340) and sales of $170.663M, indicating a positive performance against estimates.
Rubicon Technologies' Q4 2023 earnings report exceeded analyst expectations in both EPS and sales, indicating a strong financial performance. The company's ability to surpass the consensus estimates, especially in a challenging economic environment, may positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100