Intellicheck Q1 2024 GAAP EPS $(0.02) Beats $(0.05) Estimate, Sales $4.680M Beat $4.357M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intellicheck (NASDAQ:IDN) reported Q1 2024 earnings with a smaller loss per share of $(0.02) compared to the expected $(0.05), and sales of $4.680M, surpassing the $4.357M estimate. This represents a significant improvement over the previous year's performance.
May 13, 2024 | 8:20 pm
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Intellicheck's Q1 2024 earnings outperformed expectations with a smaller loss and higher sales than anticipated, indicating a strong year-over-year growth.
Intellicheck's better-than-expected Q1 2024 earnings report, showing a significant reduction in losses and an increase in sales compared to analyst estimates and last year's figures, suggests a positive outlook for the company. This performance could lead to increased investor confidence and a potential short-term uptick in IDN's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100