Forge Global Holdings Q2 2024 GAAP EPS $(0.08) Beats $(0.11) Estimate, Sales $22.282M Beat $20.400M Estimate
Portfolio Pulse from Benzinga Newsdesk
Forge Global Holdings (NYSE:FRGE) reported Q2 2024 GAAP EPS of $(0.08), beating the $(0.11) estimate. Sales were $22.282M, surpassing the $20.400M estimate and marking a 33.27% increase from the same period last year.
August 07, 2024 | 9:50 pm
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Forge Global Holdings reported better-than-expected Q2 2024 results with GAAP EPS of $(0.08) beating the $(0.11) estimate and sales of $22.282M surpassing the $20.400M estimate. This represents a 33.27% increase in sales compared to the same period last year.
The better-than-expected earnings and revenue figures, along with a significant year-over-year sales increase, are likely to positively impact FRGE's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100