Rubicon Technologies Q1 2024 GAAP EPS $(0.33), Sales $163.062M Down From $181.098M YoY
Portfolio Pulse from Benzinga Newsdesk
Rubicon Technologies (NYSE:RBT) reported a Q1 2024 GAAP EPS of $(0.33) and sales of $163.062 million, a 9.96% decrease from the same period last year.
May 20, 2024 | 8:13 pm
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NEGATIVE IMPACT
Rubicon Technologies reported a Q1 2024 GAAP EPS of $(0.33) and sales of $163.062 million, a 9.96% decrease from the same period last year. This indicates a decline in financial performance.
The reported quarterly losses and decreased sales indicate a decline in Rubicon Technologies' financial performance, which is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100