VirTra Q2 2024 GAAP EPS $0.11, Inline, Sales $6.075M Miss $8.185M Estimate
Portfolio Pulse from Benzinga Newsdesk
VirTra (NASDAQ:VTSI) reported Q2 2024 earnings per share (EPS) of $0.11, which met analyst expectations. However, the company missed sales estimates significantly, reporting $6.075 million in sales against an expected $8.185 million, marking a 41.23% decrease from the same period last year.
August 12, 2024 | 8:42 pm
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VirTra's Q2 2024 earnings per share met expectations at $0.11, but the company missed sales estimates significantly, reporting $6.075 million in sales against an expected $8.185 million. This represents a 41.23% decrease from the same period last year.
While VirTra's EPS met expectations, the significant miss in sales and the large year-over-year decline in revenue are likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100