Performant Finl Q2 2024 Adj. EPS $(0.03) Beats $(0.05) Estimate, Sales $29.362M Beat $28.168M Estimate
Portfolio Pulse from Benzinga Newsdesk
Performant Financial (NASDAQ: PFMT) reported Q2 2024 adjusted EPS of $(0.03), beating the $(0.05) estimate. Sales were $29.362M, surpassing the $28.168M estimate and showing a 15.21% increase from the same period last year.
August 07, 2024 | 9:34 pm
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POSITIVE IMPACT
Performant Financial reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.03) beating the $(0.05) estimate and sales of $29.362M surpassing the $28.168M estimate. Sales increased by 15.21% YoY.
The better-than-expected EPS and sales figures, along with a significant YoY sales increase, are likely to positively impact PFMT's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100