Vtex Q2 2024 GAAP EPS $0.03 Beats $0.01 Estimate, Sales $56.541M Beat $55.661M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vtex (NYSE:VTEX) reported Q2 2024 GAAP EPS of $0.03, beating the $0.01 estimate by 160%. Sales were $56.541M, surpassing the $55.661M estimate by 1.58%. This marks a significant improvement from the same period last year, with EPS increasing by 174.29% and sales by 18.07%.
August 06, 2024 | 8:34 pm
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Vtex reported Q2 2024 GAAP EPS of $0.03, beating the $0.01 estimate by 160%. Sales were $56.541M, surpassing the $55.661M estimate by 1.58%. This marks a significant improvement from the same period last year, with EPS increasing by 174.29% and sales by 18.07%.
The significant beat on both EPS and sales estimates, along with substantial year-over-year improvements, is likely to positively impact VTEX's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100