WideOpenWest Q1 2024 GAAP EPS $(0.18) Misses $(0.10) Estimate, Sales $161.500M Beat $161.398M Estimate
Portfolio Pulse from Benzinga Newsdesk
WideOpenWest (WOW) reported Q1 2024 earnings with a GAAP EPS of $(0.18), missing the $(0.10) estimate by 80%, but sales of $161.5M slightly beat the $161.398M estimate. This represents a 6.21% decrease in sales compared to the same period last year.
May 07, 2024 | 11:02 am
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WideOpenWest reported a larger than expected quarterly loss but slightly exceeded sales estimates for Q1 2024.
The significant miss on the EPS estimate is likely to negatively impact investor sentiment in the short term, despite the slight beat on sales estimates. The year-over-year decrease in sales further compounds concerns about the company's growth trajectory.
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IMPORTANCE 90
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