Spok Holdings Q1 2024 GAAP EPS $0.21 Misses $0.22 Estimate, Sales $34.909M Beat $34.835M Estimate
Portfolio Pulse from Benzinga Newsdesk
Spok Holdings reported Q1 2024 earnings of $0.21 per share, missing the consensus estimate of $0.22, but showed a 40% increase from last year. Sales of $34.909M exceeded estimates by 0.21%, marking a 5.21% year-over-year increase.
May 01, 2024 | 10:16 pm
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NEUTRAL IMPACT
Spok Holdings missed EPS estimates by 4.55% but exceeded sales forecasts slightly in Q1 2024, indicating mixed financial performance.
The miss on EPS estimates could slightly dampen investor sentiment, but the beat on sales and year-over-year growth in both earnings and sales could counterbalance this effect, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100