Riskified Q1 Adj $0.04 Beats $0.02 Estimate, Sales $76.41M Beat $75.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Riskified (NYSE:RSKD) reported better-than-expected Q1 earnings and sales. The company posted an adjusted EPS of $0.04, beating the consensus estimate of $0.02 by 100%. Sales were $76.41 million, surpassing the $75.15 million estimate and marking a 10.89% increase from the same period last year.
May 15, 2024 | 11:03 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Riskified reported Q1 earnings of $0.04 per share, beating the $0.02 estimate. Sales were $76.41 million, exceeding the $75.15 million estimate and showing a 10.89% YoY increase.
Riskified's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. The significant beat on EPS and the YoY sales growth indicate strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100