Edap TMS Q2 2024 GAAP EPS $(0.18) Misses $(0.12) Estimate, Sales $16.970M Beat $15.695M Estimate
Portfolio Pulse from Benzinga Newsdesk
Edap TMS reported a Q2 2024 GAAP EPS of $(0.18), missing the estimate of $(0.12), but sales of $16.970M beat the estimate of $15.695M. Sales increased by 9.33% compared to the same period last year.
August 28, 2024 | 11:03 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Edap TMS reported a Q2 2024 EPS of $(0.18), missing estimates by 50%, but sales of $16.97M exceeded expectations by 8.12%, showing a 9.33% YoY growth.
The mixed results, with EPS missing but sales exceeding expectations, suggest a neutral short-term impact. The sales growth is positive, but the EPS miss could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100