Intellicheck Q2 2024 GAAP EPS $(0.01) Beats $(0.02) Estimate, Sales $4.672M Miss $4.997M Estimate
Portfolio Pulse from Benzinga Newsdesk
Intellicheck (NASDAQ:IDN) reported Q2 2024 GAAP EPS of $(0.01), beating the $(0.02) estimate, but sales of $4.672M missed the $4.997M estimate. EPS improved by 75% YoY, while sales decreased by 0.93% YoY.
August 08, 2024 | 9:36 pm
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Intellicheck's Q2 2024 GAAP EPS of $(0.01) beat estimates, showing a significant improvement in earnings. However, sales missed expectations and decreased slightly YoY.
The improvement in EPS is a positive sign, but the miss on sales and slight YoY decrease may neutralize the impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100