’Reddit is built for this moment’ - Stock soars on crushed earnings
Investing.com - Ion Acquisition 2 (NYSE: CTV) reported second quarter EPS of $-0.070, $0.06 worse than the analyst estimate of $-0.010. Revenue for the quarter came in at $38M versus the consensus estimate of $38.5M.
Guidance
Ion Acquisition 2 sees Q3 2024 revenue of $40.000M-$42.000M versus the analyst consensus of $40.700M.
Ion Acquisition 2's stock price closed at $1.89. It is down -6.900% in the last 3 months and up 68.750% in the last 12 months.
Ion Acquisition 2 saw positive EPS revisions and negative EPS revisions in the last 90 days. See Ion Acquisition 2's stock price’s past reactions to earnings here.
According to InvestingPro, Ion Acquisition 2's Financial Health score is "good performance".
Check out Ion Acquisition 2's recent earnings performance, and Ion Acquisition 2's financials here.
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