Katapult Holdings Q2 Sales $58.86M Miss $59.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Katapult Holdings (NASDAQ:KPLT) reported Q2 sales of $58.86 million, missing the analyst consensus estimate of $59.00 million by 0.23%. Despite the miss, sales increased by 7.86% compared to the same period last year.
August 14, 2024 | 10:01 am
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NEUTRAL IMPACT
Katapult Holdings reported Q2 sales of $58.86 million, missing the analyst estimate of $59.00 million by 0.23%. However, sales increased by 7.86% YoY.
The slight miss in sales estimates by 0.23% is likely to have a neutral short-term impact on the stock price, as the YoY sales increase of 7.86% shows positive growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100