WalkMe Q1 Adj $0.07 Beats $0.02 Estimate, Sales $68.57M Beat $68.17M Estimate
Portfolio Pulse from Benzinga Newsdesk
WalkMe (NASDAQ:WKME) reported Q1 earnings of $0.07 per share, significantly beating the analyst estimate of $0.02. Sales were $68.57 million, slightly above the $68.17 million estimate. This represents a 187.5% increase in earnings and a 4.07% increase in sales compared to the same period last year.
May 22, 2024 | 11:03 am
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WalkMe reported Q1 earnings of $0.07 per share, beating the analyst estimate of $0.02 by 250%. Sales were $68.57 million, slightly above the $68.17 million estimate. This represents a 187.5% increase in earnings and a 4.07% increase in sales compared to the same period last year.
The significant beat on earnings per share (250% above estimates) and the slight beat on sales indicate strong financial performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100