Mondee Hldgs Q2 2024 Adj EPS $(0.17) Misses $(0.15) Estimate, Sales $58.33M Miss $61.45M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mondee Holdings (NASDAQ: MOND) reported Q2 2024 adjusted EPS of $(0.17), missing the $(0.15) estimate. Sales were $58.33M, below the $61.45M estimate but up 2.74% YoY.
August 14, 2024 | 11:03 am
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Mondee Holdings reported Q2 2024 adjusted EPS of $(0.17), missing the $(0.15) estimate. Sales were $58.33M, below the $61.45M estimate but up 2.74% YoY.
The company's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the YoY sales increase may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100