AppTech Payments Q4 EPS $(0.15), Inline, Sales $141.00K Beat $140.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
AppTech Payments (NASDAQ:APCX) reported Q4 losses of $(0.15) per share, meeting analyst estimates, and sales of $141.00K, slightly above the $140.00K estimate. This represents a 46.43% improvement in losses and a 30.56% increase in sales compared to the same period last year.
April 02, 2024 | 12:09 pm
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AppTech Payments reported Q4 EPS of $(0.15), in line with estimates, and sales of $141.00K, slightly above expectations. Year-over-year improvements in both losses and sales were noted.
Meeting EPS estimates and slightly beating sales forecasts, combined with significant improvements in losses and sales compared to the previous year, are positive indicators for AppTech Payments. These results may lead to a positive short-term impact on APCX's stock price, as they reflect operational improvements and better-than-expected financial performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100