Alarum Technologies Q4 EPS $0.03 Misses $0.26 Estimate, Sales $7.11M Beat $7.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alarum Technologies (NASDAQ:ALAR) reported Q4 earnings of $0.03 per share, missing the $0.26 estimate, but sales of $7.11M exceeded the $7.00M forecast. This represents a 133.33% increase in earnings and a 37.49% increase in sales from the same period last year.
March 14, 2024 | 11:37 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Alarum Technologies reported lower-than-expected Q4 EPS at $0.03, missing the $0.26 estimate, but surpassed sales expectations with $7.11M against a $7.00M forecast.
The significant miss in EPS could negatively impact investor sentiment and stock price in the short term. However, the beat in sales forecasts and the substantial year-over-year growth in both earnings and sales might offset some of the negative impact. The mixed results present a neutral outlook in the short term as investors weigh the earnings miss against the sales beat and growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100