Icecure Medical Q2 2024 GAAP EPS $(0.06) Beats $(0.07) Estimate, Sales $1.01M Beat $925.50K Estimate
Portfolio Pulse from Benzinga Newsdesk
Icecure Medical reported better-than-expected Q2 2024 results with a GAAP EPS of $(0.06), beating the estimate of $(0.07), and sales of $1.01M, surpassing the $925.50K estimate. This marks a 7.90% increase in sales compared to the same period last year.
August 20, 2024 | 12:39 pm
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Icecure Medical's Q2 2024 results exceeded expectations with a GAAP EPS of $(0.06) and sales of $1.01M, both beating analyst estimates. Sales increased by 7.90% year-over-year.
The company's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates suggests strong operational performance, which is typically viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100