Nexxen International Q2 2024 Adj. EPS $0.09, Inline, Sales $88.577M Beat $84.594M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nexxen International reported Q2 2024 earnings per share of $0.09, meeting analyst expectations, and sales of $88.577 million, surpassing estimates by 4.71%. This marks a 5.14% increase from the previous year's sales.
August 22, 2024 | 11:34 am
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Nexxen International's Q2 2024 earnings per share met expectations, while sales exceeded estimates, showing a positive revenue trend.
The company's earnings per share met expectations, which is neutral, but the sales beat by 4.71% and the year-over-year increase of 5.14% indicate a positive trend in revenue. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100