374Water Q2 2024 GAAP EPS $(0.02), Sales $36.821K Miss $500.000K Estimate
Portfolio Pulse from Benzinga Newsdesk
374Water (NASDAQ:SCWO) reported a Q2 2024 GAAP EPS of $(0.02) and sales of $36.821K, significantly missing the $500.000K estimate. This represents a 26.16% decrease from the same period last year.
August 15, 2024 | 11:46 am
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374Water reported a Q2 2024 GAAP EPS of $(0.02) and sales of $36.821K, missing the $500.000K estimate by 92.64%. Sales decreased by 26.16% YoY.
The significant miss on both EPS and sales estimates, along with a notable year-over-year sales decline, is likely to negatively impact SCWO's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100