Perfect Q2 2024 Adj EPS $0.01, Inline, Sales $13.900M Miss $14.842M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perfect (NYSE:PERF) reported Q2 2024 earnings per share of $0.01, meeting analyst expectations. However, the company's sales of $13.900 million missed the $14.842 million estimate by 6.35%, despite a 9.45% increase from the same period last year.
July 24, 2024 | 10:40 am
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Perfect (NYSE:PERF) reported Q2 2024 earnings per share of $0.01, meeting analyst expectations. However, the company's sales of $13.900 million missed the $14.842 million estimate by 6.35%, despite a 9.45% increase from the same period last year.
While the EPS met expectations, the sales miss by 6.35% could be a concern for investors. However, the year-over-year sales growth of 9.45% is a positive sign. The mixed results are likely to result in a neutral short-term impact on the stock price.
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