Recap: Alpha Teknova Q4 Earnings
Portfolio Pulse from Benzinga Insights
Alpha Teknova (NASDAQ:TKNO) reported Q4 earnings with an EPS of $-0.26, missing estimates by -8.0% and a revenue decrease of $24 thousand from the previous year. The company has a history of missing EPS estimates, which previously led to a 3.0% share price drop.
March 11, 2024 | 8:10 pm
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Alpha Teknova reported Q4 earnings with an EPS miss and a slight revenue decrease from the previous year. Historical data shows a negative reaction to past earnings misses.
Given Alpha Teknova's history of missing EPS estimates and the subsequent negative impact on its share price, it's likely that this earnings miss could lead to a short-term decrease in share price. The consistent pattern of not meeting expectations, especially with a revenue decrease, suggests a negative outlook from investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100