Usio Q4 Sales $19.363M Miss $20.427M Estimate
Portfolio Pulse from Benzinga Newsdesk
Usio reported Q4 sales of $19.363M, missing the analyst consensus estimate of $20.427M by 5.21%. This represents a 3.52% increase over the same period last year.
March 27, 2024 | 8:17 pm
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NEGATIVE IMPACT
Usio's Q4 sales of $19.363M missed the $20.427M estimate by 5.21%, yet showed a 3.52% increase from last year.
Missing the analyst consensus estimate typically has a negative short-term impact on a company's stock price, as it may lead to decreased investor confidence. However, the year-over-year growth indicates some positive momentum.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100