Silver Spike Investment Q4 EPS $0.28 Beats $0.27 Estimate, Sales $3.60M Beat $3.37M Estimate
Portfolio Pulse from mahesh@benzinga.com
Silver Spike Investment (NASDAQ:SSIC) reported Q4 earnings of $0.28 per share, surpassing the $0.27 estimate, and sales of $3.60M, exceeding the $3.37M estimate. This represents a 21.74% increase in earnings and an 80% increase in sales from the same period last year.
March 27, 2024 | 9:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Silver Spike Investment reported a significant beat on both earnings and revenue estimates for Q4, with a notable year-over-year growth in both metrics.
Beating both earnings and revenue estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The substantial year-over-year growth in earnings and sales further strengthens the case for a positive impact on SSIC's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100