Fluent Q2 Adj $(0.47) Misses $(0.30) Estimate, Sales $58.72M Miss $61.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fluent (NASDAQ:FLNT) reported Q2 losses of $(0.47) per share, missing the $(0.30) estimate by 56.67%. Sales were $58.72M, below the $61.70M estimate and down 28.52% from last year.
August 19, 2024 | 8:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Fluent's Q2 earnings report showed a significant miss on both EPS and sales estimates, with a notable year-over-year sales decline. This could negatively impact the stock price in the short term.
Fluent's Q2 earnings per share of $(0.47) missed the consensus estimate by a significant margin of 56.67%, indicating worse-than-expected performance. Additionally, sales of $58.72M were below the $61.70M estimate and showed a 28.52% decline from the previous year. These results suggest potential negative sentiment and pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100