Vtex Q1 2024 GAAP EPS $(0.01), Inline, Sales $52.648M Miss $53.457M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vtex reported Q1 2024 earnings with a GAAP EPS of $(0.01), meeting analyst estimates, and a sales revenue of $52.648M, missing estimates by 1.51%. This represents a significant improvement over the previous year, with a 69.05% increase in EPS and a 24.52% increase in sales.
May 07, 2024 | 8:45 pm
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Vtex's Q1 2024 earnings report showed a GAAP EPS of $(0.01), in line with estimates, and a slight miss in sales revenue, reporting $52.648M against an estimate of $53.457M.
Vtex's earnings report indicates a significant improvement in performance compared to the previous year, with a 69.05% increase in EPS and a 24.52% increase in sales. The EPS meeting estimates and a minor sales miss may have a neutral short-term impact on the stock price, as the positive earnings growth could offset concerns about the sales miss.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100