Monogram Technologies Q2 GAAP EPS $(0.11) Misses $(0.09) Estimate
Portfolio Pulse from Benzinga Newsdesk
Monogram Technologies (NASDAQ:MGRM) reported a Q2 GAAP EPS of $(0.11), missing the analyst consensus estimate of $(0.09) by 22.22%. This represents a 59.26% improvement over the $(0.27) per share loss from the same period last year.
August 14, 2024 | 8:47 pm
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Monogram Technologies reported a Q2 GAAP EPS of $(0.11), missing the analyst consensus estimate of $(0.09) by 22.22%. Despite the miss, the loss is a significant improvement over the $(0.27) per share loss from the same period last year.
The reported EPS miss is likely to have a negative short-term impact on the stock price as it fell short of analyst expectations. However, the significant improvement over last year's loss may mitigate some of the negative sentiment.
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RELEVANCE 100