Engine Gaming And Media Q1 Sales $17.728M Beat $13.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Engine Gaming And Media (NASDAQ:GAME) reported Q1 sales of $17.728 million, surpassing the analyst consensus estimate of $13.700 million by 29.40%.

May 20, 2024 | 8:18 pm
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Engine Gaming And Media reported Q1 sales of $17.728 million, beating the analyst consensus estimate of $13.700 million by 29.40%. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The significant beat on sales estimates indicates strong performance and could positively influence investor sentiment, leading to a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100