SWK Holdings Q2 2024 Adj EPS $0.35 Misses $0.37 Estimate, Sales $11.54M Up From $9.50M YoY
Portfolio Pulse from Benzinga Newsdesk
SWK Holdings (NASDAQ:SWKH) reported Q2 2024 earnings of $0.35 per share, missing the analyst consensus estimate of $0.37. The company reported $11.54 million in sales, a 21.52% increase from $9.50 million in the same period last year.
August 15, 2024 | 12:34 pm
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SWK Holdings reported Q2 2024 earnings of $0.35 per share, missing the $0.37 estimate. Sales increased by 21.52% YoY to $11.54 million.
The earnings miss, despite a significant YoY sales increase, is likely to negatively impact SWKH's stock price in the short term. Investors often react negatively to earnings misses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100