Amprius Technologies Q2 2024 GAAP EPS $(0.13) Misses $(0.11) Estimate, Sales $3.345M Beat $2.494M Estimate
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies (NYSE:AMPX) reported a Q2 2024 GAAP EPS of $(0.13), missing the $(0.11) estimate, but achieved sales of $3.345M, beating the $2.494M estimate and marking a 104.96% increase from the same period last year.
August 08, 2024 | 8:11 pm
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Amprius Technologies reported a Q2 2024 GAAP EPS of $(0.13), missing the $(0.11) estimate, but achieved sales of $3.345M, beating the $2.494M estimate and marking a 104.96% increase from the same period last year.
While Amprius Technologies missed EPS estimates, the significant beat on sales and substantial year-over-year growth in revenue could offset the negative sentiment from the EPS miss. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100