P10 Shares Drop After Q1 Miss

MT Newswires Live
08 May

P10 (PX) shares were down 0.3% in recent Thursday trading after the company posted Q1 results that trailed analyst estimates.

The company reported Q1 adjusted earnings of $0.20 per diluted share, down from $0.21 a year earlier.

Four analysts surveyed by FactSet expected $0.21.

Revenue for the quarter ended March 31 was $67.7 million, up from $66.1 million a year earlier.

Three analysts surveyed by FactSet expected $69.5 million.

The company raised its quarterly dividend to $0.0375 per share, payable on June 20 to shareholders of record as of May 30.

Price: 11.37, Change: -0.04, Percent Change: -0.32

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