iCoreConnect Q2 EPS $(1.10) Down From $(0.41) YoY, Sales $3.09M Up From $1.86M YoY
Portfolio Pulse from Benzinga Newsdesk
iCoreConnect reported its Q2 earnings with an EPS of $(1.10) and revenue of $3.087 million.
August 16, 2024 | 8:33 pm
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iCoreConnect reported a Q2 EPS of $(1.10) and revenue of $3.087 million, indicating a significant loss per share.
The reported EPS of $(1.10) indicates a significant loss, which is likely to negatively impact the stock price in the short term. The revenue of $3.087 million, while providing some positive context, is overshadowed by the substantial loss per share.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100