SKYX Platforms Q4 Sales $22.200M Beat $21.125M Estimate
Portfolio Pulse from Benzinga Newsdesk
SKYX Platforms Corp. reported Q4 sales of $22.2M, surpassing the analyst consensus estimate of $21.125M by 5.09%. This represents a significant increase of 243.70K% over the sales of $9.106K in the same period last year.
April 01, 2024 | 8:12 pm
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SKYX Platforms Corp. reported a significant beat on Q4 sales estimates and a massive year-over-year growth.
Beating sales estimates and reporting a substantial year-over-year growth are strong indicators of a company's performance and potential for stock price appreciation. Investors often react positively to such news, which can lead to an increase in stock price in the short term.
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