AppTech Payments Q2 EPS $(0.12) Misses $(0.06) Estimate, Sales $76.00K Down From $134.00K YoY
Portfolio Pulse from Benzinga Newsdesk
AppTech Payments (NASDAQ:APCX) reported Q2 EPS of $(0.12), missing the $(0.06) estimate. Sales were $76K, down from $134K YoY.
August 14, 2024 | 4:41 pm
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NEGATIVE IMPACT
AppTech Payments reported Q2 EPS of $(0.12), missing the $(0.06) estimate by 100%. Sales were $76K, down 43.28% YoY.
The significant miss on EPS and the substantial YoY decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100