FlexShopper Surprises Analysts with Strong Earnings and Slight Revenue Disappointment
Monday, 1 April 2024, 20:41
FlexShopper Earnings Report Analysis
FlexShopper recently released its quarterly earnings report, revealing a mixed performance that surprised analysts. The company's GAAP EPS of -$0.03 exceeded expectations by $0.22 per share, indicating strong profitability despite challenges. However, the revenue figure of $30.3M missed estimates by $0.21M, pointing to potential growth hurdles for the future.
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