Interlink Electronics Q1 2024 GAAP EPS $(0.09) Misses $(0.07) Estimate, Sales $3.124M Miss $3.344M Estimate
Portfolio Pulse from Benzinga Newsdesk
Interlink Electronics reported Q1 2024 earnings with a GAAP EPS of $(0.09), missing the $(0.07) estimate, and sales of $3.124M, missing the $3.344M estimate. This represents a 4.70% decrease in sales compared to the same period last year.
May 09, 2024 | 1:09 pm
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NEGATIVE IMPACT
Interlink Electronics missed Q1 2024 earnings and sales estimates, with a GAAP EPS of $(0.09) and sales of $3.124M, indicating a potential negative short-term impact on its stock price.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The reported decrease in sales compared to the same period last year further compounds the negative outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100