Vislink Technologies Q2 2024 GAAP EPS $(0.93) Misses $(0.50) Estimate, Sales $8.702M Beat $8.573M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vislink Technologies reported Q2 2024 GAAP EPS of $(0.93), missing the estimate of $(0.50). However, sales were $8.702M, beating the estimate of $8.573M.
August 14, 2024 | 12:01 pm
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Vislink Technologies reported a Q2 2024 GAAP EPS of $(0.93), which missed the estimate of $(0.50). However, the company reported sales of $8.702M, beating the estimate of $8.573M.
The mixed earnings report for Vislink Technologies, with a significant EPS miss but a slight sales beat, is likely to result in neutral short-term price movement. Investors may be concerned about the earnings miss but somewhat reassured by the sales beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100