LiqTech Intl Q2 2024 GAAP EPS $(0.36) Misses $(0.30) Estimate, Sales $4.485M Miss $5.300M Estimate
Portfolio Pulse from Benzinga Newsdesk
LiqTech Intl (NASDAQ:LIQT) reported Q2 2024 GAAP EPS of $(0.36), missing the $(0.30) estimate by 20%. Sales were $4.485M, missing the $5.300M estimate by 15.38% and down 10.12% from the same period last year.
August 14, 2024 | 12:08 pm
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NEGATIVE IMPACT
LiqTech Intl reported Q2 2024 GAAP EPS of $(0.36), missing the $(0.30) estimate by 20%. Sales were $4.485M, missing the $5.300M estimate by 15.38% and down 10.12% from the same period last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100