CXApp Q1 EPS $(0.34) Down From $0.20 YoY, Sales $1.82M Miss $2.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
CXApp (NASDAQ:CXAI) reported a Q1 EPS of $(0.34), a significant decrease from $0.20 YoY, and sales of $1.82M, missing the $2.30M estimate.
June 03, 2024 | 1:23 pm
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CXApp reported a Q1 EPS of $(0.34), a 270% decrease from $0.20 YoY, and sales of $1.82M, missing the $2.30M estimate by 20.96%.
The significant decrease in EPS and the miss on sales estimates are likely to negatively impact CXApp's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100