KULR Tech Gr Q2 2024 GAAP EPS $(0.03), Inline, Sales $2.432M Beat $2.228M Estimate
Portfolio Pulse from Benzinga Newsdesk
KULR Tech Group (AMEX:KULR) reported Q2 2024 GAAP EPS of $(0.03), which met analyst expectations. The company achieved sales of $2.432 million, surpassing the $2.228 million estimate but reflecting a 9.79% decrease from the same period last year.
August 12, 2024 | 8:24 pm
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KULR Tech Group reported Q2 2024 GAAP EPS of $(0.03), meeting analyst expectations. Sales of $2.432 million beat estimates by 9.16% but were down 9.79% year-over-year.
The company's EPS met expectations, which is neutral news. However, the sales beat the estimates by 9.16%, which is positive. The year-over-year sales decrease of 9.79% is a negative factor but is outweighed by the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100