SenesTech Reports Third Quarter Revenue Beat Amid Earnings Miss
SenesTech (NASDAQ: SNES) reported third-quarter financial results characterized by a significant year-over-year revenue increase alongside an earnings miss. The company achieved $1.1 million in revenue, representing a 59.4% increase compared to the same period last year, slightly exceeding analyst expectations by $0.03 million. Despite the top-line growth and crossing the $1 million milestone, SenesTech reported a GAAP EPS of -$0.36, which missed consensus estimates by $0.05. Following the announcement, shares experienced a decline of approximately 7.8% in after-hours trading as investors reacted to the earnings shortfall.
Tickers: $SNES