Jumia Technologies Q2 Sales $36.474M Miss $45.079M Estimate
Portfolio Pulse from Benzinga Newsdesk
Jumia Technologies (NYSE:JMIA) reported Q2 sales of $36.474 million, missing the analyst consensus estimate of $45.079 million by 19.09%. This represents a 17.16% decrease from the same period last year.
August 06, 2024 | 10:21 am
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Jumia Technologies reported Q2 sales of $36.474 million, missing the analyst consensus estimate of $45.079 million by 19.09%. This is a 17.16% decrease from the same period last year.
The significant miss on sales estimates and the year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100