Interlink Electronics Q2 EPS $(0.04) Beats $(0.10) Estimate, Sales $2.90M Miss $3.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Interlink Electronics (NASDAQ:LINK) reported Q2 EPS of $(0.04), beating the $(0.10) estimate, but sales of $2.90M missed the $3.04M estimate. EPS decreased by 233.33% YoY, and sales decreased by 28.43% YoY.
August 08, 2024 | 1:11 pm
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Interlink Electronics reported a Q2 EPS of $(0.04), beating the $(0.10) estimate, but sales of $2.90M missed the $3.04M estimate. EPS decreased by 233.33% YoY, and sales decreased by 28.43% YoY.
While the EPS beat the estimate significantly, the YoY decrease in both EPS and sales, along with the sales miss, creates a mixed outlook. Investors may react neutrally in the short term as positive EPS is offset by declining sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100