AdTheorent Holding Q1 EPS $(0.11) Misses $(0.03) Estimate, Sales $34.86M Beat $34.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
AdTheorent Holding (NASDAQ:ADTH) reported Q1 EPS of $(0.11), missing the $(0.03) estimate by 266.67%, and a significant decrease from last year's $(0.06) per share. However, their quarterly sales of $34.86M exceeded the $34.56M estimate by 0.86%, marking a 6.68% increase from the previous year.

May 02, 2024 | 9:15 pm
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NEUTRAL IMPACT
AdTheorent Holding reported a larger than expected quarterly loss but exceeded sales estimates, indicating mixed financial health.
The significant miss in EPS could concern investors about profitability, potentially putting downward pressure on ADTH's stock. However, the beat on sales estimates and year-over-year sales growth might offset some of the negative sentiment by showing the company's ability to grow revenue. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100