SilverSun Technologies Q1 EPS $0.03 Down From $0.05 YoY, Sales $14.44M Up From $13.13M YoY
Portfolio Pulse from Benzinga Newsdesk
SilverSun Technologies (NASDAQ:SSNT) reported a decrease in Q1 EPS to $0.03 from $0.05 YoY, while sales increased to $14.44M from $13.13M YoY.
May 07, 2024 | 8:59 pm
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SilverSun Technologies reported a 40% decrease in EPS to $0.03 from $0.05 YoY, but a 9.96% increase in sales to $14.44M from $13.13M YoY.
The decrease in EPS could negatively impact investor sentiment and stock price in the short term. However, the increase in sales indicates growth, potentially offsetting negative EPS perceptions. The mixed results lead to a neutral short-term price direction expectation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100