BTCS Q1 2024 GAAP EPS $0.63 Beats $(0.05) Estimate, Sales $385.77K Up From $311.51K YoY
Portfolio Pulse from Benzinga Newsdesk
BTCS (NASDAQ:BTCS) reported Q1 2024 earnings per share (EPS) of $0.63, significantly beating the analyst consensus estimate of $(0.05). The company also reported sales of $385.77K, a 23.84% increase from $311.51K in the same period last year.
May 15, 2024 | 1:07 pm
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POSITIVE IMPACT
BTCS reported Q1 2024 EPS of $0.63, beating the analyst estimate of $(0.05) by 1360%. Sales increased by 23.84% YoY to $385.77K.
The significant beat on EPS and the notable increase in sales are likely to positively impact BTCS's stock price in the short term. The market generally reacts favorably to such strong earnings reports.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100