OptiNose Q2 2024 GAAP EPS $(0.05) Beats $(0.08) Estimate, Sales $20.490M Miss $20.582M Estimate
Portfolio Pulse from Benzinga Newsdesk
OptiNose (NASDAQ:OPTN) reported Q2 2024 GAAP EPS of $(0.05), beating the $(0.08) estimate, but missed sales estimates with $20.490M versus $20.582M expected. EPS improved significantly from last year, while sales saw a modest increase.
August 08, 2024 | 11:04 am
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OptiNose reported better-than-expected EPS for Q2 2024, beating estimates by 37.5%, but missed sales estimates slightly. EPS showed significant improvement from last year, while sales increased modestly.
The better-than-expected EPS is a positive indicator for investors, suggesting improved profitability. The slight miss in sales is less concerning given the overall positive trend in earnings and sales growth.
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