Horizon Tech Finance Q2 2024 GAAP EPS $0.36, Inline, Sales $25.678M Beat $25.317M Estimate
Portfolio Pulse from Benzinga Newsdesk
Horizon Tech Finance (NASDAQ:HRZN) reported Q2 2024 earnings per share (EPS) of $0.36, meeting analyst expectations. The company's sales were $25.678 million, slightly beating the $25.317 million estimate. However, both EPS and sales showed a decline compared to the same period last year.
July 30, 2024 | 9:16 pm
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Horizon Tech Finance reported Q2 2024 EPS of $0.36, meeting analyst expectations, and sales of $25.678 million, slightly beating estimates. However, both EPS and sales declined compared to the same period last year.
The earnings report is mixed: while the company met EPS expectations and slightly beat sales estimates, both metrics showed a year-over-year decline. This could result in a neutral short-term impact on the stock price as investors weigh the positive and negative aspects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100