FiscalNote Holdings Q2 2024 GAAP EPS $(0.09) Misses $0.01 Estimate, Sales $29.246M Beat $29.090M Estimate
Portfolio Pulse from Benzinga Newsdesk
FiscalNote Holdings (NYSE:NOTE) reported Q2 2024 GAAP EPS of $(0.09), missing the $0.01 estimate, but sales of $29.246M beat the $29.090M estimate. EPS improved by 60.87% YoY, while sales decreased by 10.95% YoY.
August 08, 2024 | 8:37 pm
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FiscalNote Holdings reported a Q2 2024 GAAP EPS of $(0.09), missing the $0.01 estimate, but sales of $29.246M beat the $29.090M estimate. EPS improved by 60.87% YoY, while sales decreased by 10.95% YoY.
The significant miss on EPS compared to the estimate is likely to negatively impact the stock price in the short term, despite the slight beat on sales. The YoY improvement in EPS is a positive sign, but the overall decrease in sales may concern investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100