Zeta Global Holdings Q1 2024 GAAP EPS $(0.23) Beats $(0.25) Estimate, Sales $194.947M Beat $187.112M Estimate
Portfolio Pulse from Benzinga Newsdesk
Zeta Global Holdings (NYSE:ZETA) reported Q1 2024 earnings with a smaller loss per share of $(0.23) compared to estimates of $(0.25) and a 39.47% improvement from last year. Sales reached $194.947M, exceeding estimates of $187.112M and marking a 23.70% increase from the previous year.
May 06, 2024 | 8:35 pm
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Zeta Global Holdings reported a smaller-than-expected Q1 2024 loss and higher sales, indicating strong performance and growth.
Zeta Global Holdings' earnings report showing a smaller loss than expected and a significant increase in sales compared to the previous year suggests a positive outlook for the company. Beating both EPS and sales estimates typically leads to positive investor sentiment and could result in a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100