CXApp Q2 2024 GAAP EPS $(0.34) Misses $(0.27) Estimate, Sales $1.766M Miss $1.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
CXApp (NASDAQ:CXAI) reported Q2 2024 GAAP EPS of $(0.34), missing the $(0.27) estimate by 25.93%. Sales were $1.766M, missing the $1.800M estimate by 1.89%, and down 7.78% from $1.915M last year.
August 12, 2024 | 8:29 pm
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CXApp reported Q2 2024 GAAP EPS of $(0.34), missing the $(0.27) estimate by 25.93%. Sales were $1.766M, missing the $1.800M estimate by 1.89%, and down 7.78% from $1.915M last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact CXAI's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100