Leafly Holdings Q2 2024 GAAP EPS $(0.55) Beats $(0.97) Estimate, Sales $8.722M Beat $8.602M Estimate
Portfolio Pulse from Benzinga Newsdesk
Leafly Holdings (NASDAQ:LFLY) reported Q2 2024 GAAP EPS of $(0.55), beating the $(0.97) estimate, and sales of $8.722M, beating the $8.602M estimate. Despite the positive earnings surprise, sales decreased by 18.30% compared to the same period last year.
August 08, 2024 | 8:51 pm
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Leafly Holdings reported better-than-expected Q2 2024 GAAP EPS of $(0.55) and sales of $8.722M, beating analyst estimates. However, sales decreased by 18.30% YoY.
The better-than-expected EPS and sales figures are likely to have a positive short-term impact on LFLY's stock price. However, the YoY sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100