Definitive Healthcare Q1 2024 Adj. EPS $0.08, Inline, Sales $63.480M Miss $63.990M Estimate
Portfolio Pulse from Benzinga Newsdesk
Definitive Healthcare (NASDAQ:DH) reported Q1 2024 earnings of $0.08 per share, meeting consensus estimates, and a 33.33% increase from last year. However, sales of $63.480M missed estimates by 0.80%, though they were up 7.23% from the previous year.
May 07, 2024 | 8:54 pm
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Definitive Healthcare reported Q1 2024 earnings per share of $0.08, in line with estimates, and a 33.33% increase from the previous year. Sales were $63.480M, missing estimates by 0.80%, but showed a 7.23% increase YOY.
The earnings per share meeting estimates and showing a significant year-over-year increase is positive. However, the slight miss in sales estimates could temper investor enthusiasm, leading to a neutral short-term impact on DH's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100