Milestone Scientific Q2 Sales $1.85M Miss $2.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
Milestone Scientific (AMEX:MLSS) reported Q2 sales of $1.85 million, missing the analyst consensus estimate of $2.52 million by 26.47%. This represents a 36.32% decrease from the same period last year.
August 15, 2024 | 11:01 am
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Milestone Scientific reported Q2 sales of $1.85 million, missing the analyst consensus estimate of $2.52 million by 26.47%. This is a significant decrease of 36.32% compared to the same period last year.
The significant miss on sales estimates and the year-over-year decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100