Edap TMS Q1 2024 GAAP EPS €(0.12) Misses €(0.11) Estimate, Sales €14.908M Beat €14.877M Estimate
Portfolio Pulse from Benzinga Newsdesk
Edap TMS reported its Q1 2024 financial results with a GAAP EPS of €(0.12), missing the estimate of €(0.11). However, the company beat sales estimates with €14.908M compared to the expected €14.877M.
May 16, 2024 | 12:11 pm
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Edap TMS reported a GAAP EPS of €(0.12) for Q1 2024, missing the estimate of €(0.11). However, the company exceeded sales expectations with €14.908M compared to the estimated €14.877M.
The mixed results, with a slight miss on EPS but a beat on sales, suggest a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the sales beat.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100