Netcapital Q1 EPS $(5.10) Down From $(4.61) YoY, Sales $142.23K Miss $2.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
Netcapital (NASDAQ:NCPL) reported a significant decline in its Q1 financial performance, with EPS dropping to $(5.10) from $(4.61) YoY and sales plummeting to $142.23K, missing the $2.03M estimate by 92.99%.
September 16, 2024 | 8:20 pm
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NEGATIVE IMPACT
Netcapital's Q1 results show a significant decline in both EPS and sales, with EPS at $(5.10) and sales at $142.23K, missing estimates by 92.99%.
The significant miss on both EPS and sales estimates, along with a year-over-year decline, suggests a negative short-term impact on Netcapital's stock price. The results indicate potential operational challenges or market issues.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100