23andMe Holding Q4 2024 GAAP EPS $(0.43), Sales $64.028M Beat $55.822M Estimate
Portfolio Pulse from Benzinga Newsdesk
23andMe Holding (NASDAQ:ME) reported a Q4 2024 GAAP EPS loss of $(0.43) per share, with sales of $64.028 million beating the $55.822 million estimate. However, sales decreased by 30.69% compared to the same period last year.
May 23, 2024 | 8:07 pm
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23andMe Holding reported a Q4 2024 GAAP EPS loss of $(0.43) per share, with sales of $64.028 million beating the $55.822 million estimate. However, sales decreased by 30.69% compared to the same period last year.
While 23andMe beat sales estimates by 14.70%, the significant year-over-year sales decline of 30.69% and the EPS loss may neutralize the positive impact of beating estimates. Investors may have mixed reactions, leading to a neutral short-term price impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100