PodcastOne, Inc. (PODC) Reports Q2 Loss, Lags Revenue Estimates
Portfolio Pulse from
PodcastOne, Inc. (PODC) reported a Q2 loss of $0.07 per share, matching the Zacks Consensus Estimate, but lagged in revenue estimates. This is an improvement from a $0.52 per share loss a year ago.
November 07, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
PodcastOne, Inc. reported a Q2 loss of $0.07 per share, in line with expectations but missed revenue estimates. This is an improvement from last year's $0.52 per share loss.
The Q2 loss per share was in line with expectations, which is positive, but the company lagged in revenue estimates, which is negative. The improvement from last year's loss is a positive sign, but the missed revenue estimates may weigh on short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100