CORRECTION: Quantum-Si Q2 EPS $(0.16) Beats $(0.19) Estimate, Sales $622.00K Miss $680.00K Estimate
Portfolio Pulse from Benzinga Newsdesk
Quantum-Si (NASDAQ:QSI) reported Q2 EPS of $(0.16), beating the $(0.19) estimate, but missed sales estimates with $622K against $680K. EPS improved by 11.11% YoY, and sales increased by 203.41% YoY.
August 07, 2024 | 10:03 pm
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Quantum-Si reported Q2 EPS of $(0.16), beating the $(0.19) estimate, but missed sales estimates with $622K against $680K. EPS improved by 11.11% YoY, and sales increased by 203.41% YoY.
While Quantum-Si beat EPS estimates and showed significant YoY improvement in both EPS and sales, the miss on sales estimates could neutralize the positive impact of the EPS beat. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100