SenesTech Q2 2024 GAAP EPS $(3.08) Beats $(3.20) Estimate, Sales $459.000K Miss $485.000K Estimate
Portfolio Pulse from Benzinga Newsdesk
SenesTech (NASDAQ:SNES) reported Q2 2024 GAAP EPS of $(3.08), beating the estimate of $(3.20). However, sales of $459,000 missed the $485,000 estimate. Sales increased by 50.49% compared to the same period last year.
August 08, 2024 | 9:20 pm
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SenesTech reported a Q2 2024 GAAP EPS of $(3.08), beating the estimate of $(3.20). However, sales of $459,000 missed the $485,000 estimate. Sales increased by 50.49% compared to the same period last year.
The earnings per share beat the estimate, which is positive, but the sales miss could offset this positive impact. The significant year-over-year sales increase is a positive sign, but the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100