Nayax Q1 2024 GAAP EPS $(0.15) Misses $(0.04) Estimate, Sales $63.962M Miss $72.825M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nayax (NASDAQ:NYAX) reported Q1 2024 GAAP EPS of $(0.15), missing the $(0.04) estimate by 275%. Sales were $63.962M, missing the $72.825M estimate by 12.17%, but up 22.04% from last year's $52.410M.
May 15, 2024 | 11:31 am
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Nayax reported a significant earnings miss with Q1 2024 GAAP EPS of $(0.15) compared to the $(0.04) estimate. Sales also missed expectations, coming in at $63.962M versus the $72.825M estimate, though they were up 22.04% year-over-year.
The significant miss on both EPS and sales estimates is likely to negatively impact Nayax's stock price in the short term. Despite the year-over-year sales growth, the market is likely to react more strongly to the missed expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100