AstroNova Files Non-Timely 10-Q With U.S. SEC; Expects To Report Q2 Revenue Of About $40.5M; Expects To Report Q2 Net Loss Of $(0.04) Per Share
Portfolio Pulse from Benzinga Newsdesk
AstroNova has filed a non-timely 10-Q with the SEC and expects to report Q2 revenue of approximately $40.5 million and a net loss of $0.04 per share.
September 12, 2024 | 8:21 pm
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NEGATIVE IMPACT
AstroNova has filed a non-timely 10-Q with the SEC, indicating potential issues with financial reporting. The company expects Q2 revenue of $40.5M and a net loss of $0.04 per share, which may affect investor confidence.
The non-timely filing of the 10-Q suggests potential issues with financial reporting, which can negatively impact investor confidence. The expected net loss further adds to the negative sentiment, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100