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Recap: Unifi Q2 Earnings

Benzinga ·  Feb 1 05:50

Unifi (NYSE:UFI) reported its Q2 earnings results on Wednesday, January 31, 2024 at 04:45 PM.

Here's what investors need to know about the announcement.

Earnings

Unifi beat estimated earnings by 4.71%, reporting an EPS of $-0.81 versus an estimate of $-0.85.

Revenue was up $705 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.26 which was followed by a 8.09% drop in the share price the next day.

Here's a look at Unifi's past performance:

QuarterQ1 2024Q4 2023Q3 2023Q2 2023
EPS Estimate-0.47-0.29-0.30-1.28
EPS Actual-0.73-0.39-0.25-1.21
Revenue Estimate151.55M147.90M155.91M145.19M
Revenue Actual138.84M151.06M156.74M136.21M

To track all earnings releases for Unifi visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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