Cue Biopharma Q2 2024 GAAP EPS $(0.20) Beats $(0.24) Estimate, Sales $2.658M Beat $1.293M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cue Biopharma reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.20), beating estimates by 16.67%, and sales of $2.658M, surpassing expectations by 105.61%. This marks a 92.33% increase in sales compared to the same period last year.
August 19, 2024 | 8:12 pm
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POSITIVE IMPACT
Cue Biopharma's Q2 2024 results exceeded expectations with a GAAP EPS of $(0.20) and sales of $2.658M, significantly beating analyst estimates. This strong performance indicates positive momentum for the company.
Cue Biopharma's better-than-expected earnings and sales figures suggest strong operational performance and potential investor confidence. The significant beat on both EPS and sales estimates, along with a substantial year-over-year sales increase, is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100