Alpha Teknova Q4 2023 GAAP EPS $(0.26) Misses $(0.21) Estimate, Sales $7.867M Miss $8.325M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alpha Teknova (NASDAQ:TKNO) reported Q4 2023 earnings with a GAAP EPS of $(0.26), missing the $(0.21) estimate, and sales of $7.867M, below the $8.325M estimate. This represents a 0.30% decrease in sales compared to the same period last year.
March 11, 2024 | 8:09 pm
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NEGATIVE IMPACT
Alpha Teknova reported lower than expected Q4 2023 earnings and sales, missing both EPS and revenue estimates.
Missing both EPS and revenue estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The reported decrease in sales compared to the same period last year further compounds the negative outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100