Ryvyl Q4 EPS $(1.17) Misses $(0.40) Estimate, Sales $22.25M Beat $18.00M Estimate
Portfolio Pulse from dijoy@benzinga.com
Ryvyl reported Q4 earnings with a loss of $(1.17) per share, missing the $(0.40) estimate by 192.5%, but saw a 63.44% improvement from last year's $(3.20) loss. Sales reached $22.25M, surpassing the $18.00M estimate by 23.61% and marking a 100.44% increase from the previous year.
March 26, 2024 | 9:23 pm
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NEUTRAL IMPACT
Ryvyl's Q4 earnings report showed a significant miss on EPS estimates but a strong beat on sales forecasts, indicating mixed financial health.
The significant miss on the EPS estimate could concern investors about profitability, while the strong sales performance suggests growing business operations. The mixed results may lead to short-term market uncertainty for RVYL's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100