Alpha Teknova Q1 2024 GAAP EPS $(0.20) Beats $(0.23) Estimate, Sales $9.290M Beat $8.460M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alpha Teknova (NASDAQ:TKNO) reported Q1 2024 earnings with a smaller loss per share of $(0.20) compared to the expected $(0.23), and sales of $9.290M, surpassing the $8.460M estimate. This represents a 35.48% improvement in losses and a 1.85% increase in sales year-over-year.
May 13, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Alpha Teknova reported a smaller-than-expected Q1 2024 loss and higher sales, indicating a positive performance trend.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The improvement over last year's figures further strengthens the case for a positive impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100