Senstar Tech Q1 EPS $(0.03) Up From $(0.08) YoY, Sales $7.51M Up From $6.45M YoY
Portfolio Pulse from Benzinga Newsdesk
Senstar Tech (NASDAQ:SNT) reported a quarterly loss of $(0.03) per share, a 62.5% improvement from $(0.08) per share last year. Sales increased by 16.54% to $7.51 million from $6.45 million in the same period last year.
June 13, 2024 | 8:09 pm
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POSITIVE IMPACT
Senstar Tech reported a significant improvement in its quarterly EPS and a notable increase in sales. The EPS loss narrowed to $(0.03) from $(0.08) YoY, and sales grew by 16.54% to $7.51 million.
The improvement in EPS and the increase in sales are positive indicators for Senstar Tech. The narrowing of losses and growth in revenue suggest better financial health and operational performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100