Mondee Hldgs Q4 2023 Adj EPS $(0.13) Misses $(0.12) Estimate, Sales $61.053M Beat $54.999M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondee Holdings (MOND) reported Q4 2023 adjusted EPS of $(0.13), missing the $(0.12) estimate, but sales of $61.053M exceeded the $54.999M estimate, marking a 78.27% increase from the previous year.
March 14, 2024 | 10:05 am
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Mondee Holdings reported a mixed Q4 2023 with an EPS miss but a significant sales beat and year-over-year growth.
The EPS miss might concern some investors, potentially putting downward pressure on the stock. However, the significant sales beat and strong year-over-year growth could offset concerns and signal underlying strength in the company's operations. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100