Semler Scientific Q1 2024 GAAP EPS $0.78 Misses $1.38 Estimate, Sales $15.903M Miss $21.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Semler Scientific (NASDAQ:SMLR) reported Q1 2024 earnings of $0.78 per share, missing the $1.38 estimate, and sales of $15.903M, below the $21.400M estimate. This represents a 23.81% increase in EPS and a 12.65% decrease in sales year-over-year.
May 07, 2024 | 9:40 pm
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NEGATIVE IMPACT
Semler Scientific reported lower than expected Q1 2024 earnings and sales, missing estimates significantly.
The significant miss in both earnings per share and sales compared to analyst estimates is likely to negatively impact investor sentiment and the stock price in the short term. The reported figures represent a decrease in sales and a miss in earnings expectations, which are critical factors that investors consider when evaluating a company's financial health and growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100