BrainsWay Q2 GAAP EPS $0.04 Up From $(0.10) YoY, Sales $10.01M Beat $9.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
BrainsWay (NASDAQ:BWAY) reported Q2 earnings of $0.04 per share, a significant improvement from a loss of $(0.10) per share YoY. The company also reported sales of $10.01 million, beating the $9.25 million estimate and showing a 27.79% increase from $7.83 million YoY.
August 06, 2024 | 11:51 am
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BrainsWay reported Q2 earnings of $0.04 per share, a 140% increase from a loss of $(0.10) per share YoY. Sales of $10.01 million beat estimates and increased 27.79% YoY.
The significant improvement in earnings and the beat on sales estimates are likely to positively impact BWAY's stock price in the short term. The 140% increase in EPS and 27.79% increase in sales demonstrate strong financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100