CORRECTION: Global E Online Q1 GAAP EPS $(0.19) Beats $(0.23) Estimate, Sales $145.87M Beat $141.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Global E Online (NASDAQ:GLBE) reported better-than-expected Q1 results with a GAAP EPS of $(0.19) beating the $(0.23) estimate and sales of $145.87M surpassing the $141.48M estimate. This marks a significant improvement over the same period last year.
May 20, 2024 | 1:20 pm
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Global E Online reported Q1 GAAP EPS of $(0.19), beating the $(0.23) estimate, and sales of $145.87M, surpassing the $141.48M estimate. This indicates a strong performance and improvement over the same period last year.
The better-than-expected earnings and sales figures indicate strong operational performance and growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100