GSE Systems Q4 EPS $(0.28) Beats $(0.81) Estimate, Sales $10.21M Miss $12.07M Estimate
Portfolio Pulse from dijoy@benzinga.com
GSE Systems (NASDAQ:GVP) reported Q4 earnings with losses of $(0.28) per share, surpassing the $(0.81) estimate, marking a 65.43% beat and a 44% improvement year-over-year. However, their quarterly sales of $10.21M fell short of the $12.07M estimate by 15.37%, representing a 5.56% decrease from the previous year.
April 01, 2024 | 8:29 pm
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NEUTRAL IMPACT
GSE Systems reported better-than-expected Q4 EPS but missed sales estimates, showing mixed financial health.
The positive earnings surprise could provide short-term support to GVP's stock price due to the better-than-expected loss per share. However, the miss on sales estimates and the year-over-year decrease in sales could temper investor enthusiasm, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100