electroCore Q2 2024 GAAP EPS $(0.38) Beats $(0.44) Estimate, Sales $6.139M Beat $5.556M Estimate
Portfolio Pulse from Benzinga Newsdesk
electroCore (NASDAQ:ECOR) reported Q2 2024 GAAP EPS of $(0.38), beating the estimate of $(0.44) and showing a significant improvement from $(1.03) last year. Sales were $6.139M, surpassing the $5.556M estimate and marking a 72.88% increase from the previous year.
August 07, 2024 | 8:06 pm
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electroCore (NASDAQ:ECOR) reported better-than-expected Q2 2024 results with GAAP EPS of $(0.38) beating the $(0.44) estimate and sales of $6.139M surpassing the $5.556M estimate. This indicates strong financial performance and significant year-over-year improvement.
The better-than-expected earnings and sales figures, along with significant year-over-year improvements, are likely to positively impact ECOR's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100