Alpha Teknova Q2 2024 GAAP EPS $(0.13) Beats $(0.16) Estimate, Sales $9.614M Beat $9.463M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alpha Teknova (NASDAQ:TKNO) reported Q2 2024 GAAP EPS of $(0.13), beating the $(0.16) estimate. Sales were $9.614M, surpassing the $9.463M estimate but down 16.60% from last year.
August 13, 2024 | 8:04 pm
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Alpha Teknova (NASDAQ:TKNO) reported better-than-expected Q2 2024 GAAP EPS of $(0.13) vs. $(0.16) estimate and sales of $9.614M vs. $9.463M estimate. However, sales decreased by 16.60% YoY.
The better-than-expected EPS and sales figures are positive indicators for TKNO, likely leading to a short-term price increase. However, the YoY sales decline may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100