BM Technologies Q2 Sales $12.54M Miss $13.99M Estimate
Portfolio Pulse from Benzinga Newsdesk
BM Technologies (AMEX:BMTX) reported Q2 sales of $12.54 million, missing the analyst consensus estimate of $13.99 million by 10.36%. This represents a 3.43% decrease from the same period last year.
August 14, 2024 | 9:29 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BM Technologies reported Q2 sales of $12.54 million, missing the analyst consensus estimate of $13.99 million by 10.36%. This is a 3.43% decrease from the same period last year.
The significant miss on sales estimates and the year-over-year decrease in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100