Alarum Technologies Q4 2023 GAAP EPS $0.03 Misses $0.26 Estimate, Sales $7.107M Beat $7.000M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alarum Technologies (NASDAQ:ALAR) reported Q4 2023 earnings of $0.03 per share, missing the $0.26 estimate by 88.46%. However, their sales of $7.107M exceeded the $7.000M estimate by 1.53%, marking a 37.49% increase from the previous year.
March 14, 2024 | 11:35 am
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Alarum Technologies reported lower-than-expected Q4 2023 earnings per share but exceeded sales estimates, showing significant year-over-year growth.
The mixed results with a significant miss in EPS but a slight beat in sales and notable year-over-year growth could lead to neutral short-term stock price movement. Investors might weigh the earnings miss against the sales beat and growth, leading to uncertain short-term price direction.
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