Forge Global Holdings Q1 2024 GAAP EPS $(0.10) Beats $(0.12) Estimate, Sales $19.242M Beat $19.182M Estimate
Portfolio Pulse from Benzinga Newsdesk
Forge Global Holdings (NYSE:FRGE) reported Q1 2024 earnings with a smaller loss per share of $(0.10) compared to the expected $(0.12), and sales of $19.242M, slightly above the $19.182M forecast. This represents a 16.67% improvement in EPS and a 24.31% increase in sales year-over-year.
May 07, 2024 | 9:23 pm
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POSITIVE IMPACT
Forge Global Holdings reported a smaller-than-expected Q1 2024 loss and higher sales, indicating a positive performance trend.
The positive earnings surprise and sales beat for Forge Global Holdings suggest a strong operational performance, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100