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Cyngn Q2 EPS $(4.11) Beats $(8.00) Estimate, Sales $8.66K Miss $540.00K Estimate

Author: Benzinga Newsdesk | August 07, 2024 04:39pm
Cyngn (NASDAQ:CYN) reported quarterly losses of $(4.11) per share which beat the analyst consensus estimate of $(8.00) by 48.63 percent. This is a 68.31 percent increase over losses of $(12.97) per share from the same period last year. The company reported quarterly sales of $8.66 thousand which missed the analyst consensus estimate of $540.00 thousand by 98.40 percent. This is a 98.43 percent decrease over sales of $550.95 thousand the same period last year.

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