BM Technologies Q4 Adj $(0.28) Misses $(0.25) Estimate, Sales $14.86M Miss $14.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
BM Technologies (BMTX) reported Q4 losses of $(0.28) per share, missing the $(0.25) estimate, and sales of $14.86M, missing the $14.95M estimate. This represents a decrease in performance compared to the same period last year.
April 03, 2024 | 8:19 pm
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BM Technologies reported a larger than expected quarterly loss and a slight miss in sales, indicating a decrease in performance from the previous year.
The reported earnings miss and sales miss for BM Technologies (BMTX) are likely to negatively impact investor sentiment in the short term. The misses indicate a decrease in performance compared to the same period last year, which could lead to a decrease in stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100