OptimizeRx Q4 Adj EPS $0.26, Inline, Sales $28.40M Beat $26.47M Estimate
Portfolio Pulse from Benzinga Newsdesk
OptimizeRx reported Q4 adjusted EPS of $0.26, meeting analyst estimates, and sales of $28.40M, exceeding the $26.47M estimate. This represents a 4% increase in EPS and a 44.50% increase in sales year-over-year.
April 16, 2024 | 11:06 am
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POSITIVE IMPACT
OptimizeRx reported a solid Q4 performance with adjusted EPS of $0.26, in line with estimates, and sales of $28.40M, beating estimates by 7.29%. Year-over-year, EPS grew by 4% and sales by 44.50%.
The positive earnings report, with both earnings per share and sales exceeding analyst expectations, indicates strong company performance and operational efficiency. The significant year-over-year growth in sales and a steady increase in EPS are likely to be viewed positively by investors, potentially leading to a short-term uptick in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100