SINTX Technologies Q1 EPS $(0.11) Misses $(0.07) Estimate, Sales $687.00K Miss $690.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
SINTX Technologies reported Q1 EPS of $(0.11), missing the $(0.05) estimate, and sales of $687.00K, slightly below the $690.00K estimate. Despite these misses, the company saw a significant improvement over last year, with losses decreasing by 93.68% and sales increasing by 27.46%.

May 14, 2024 | 5:35 pm
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NEUTRAL IMPACT
SINTX Technologies missed Q1 EPS and sales estimates but showed significant year-over-year improvement in both losses and sales.
While SINTX Technologies missed its Q1 EPS and sales estimates, the substantial year-over-year improvement in reducing losses and increasing sales could be seen positively by investors. The miss on estimates is likely to have a short-term negative impact, but the significant improvement compared to the previous year could mitigate this effect. Therefore, the overall short-term impact on the stock price is assessed as neutral.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100