Tingo Group Q3 EPS $0.04 Misses $0.46 Estimate, Sales $586.22M Miss $1.26B Estimate

Tingo Group (NASDAQ:TIO) reported quarterly earnings of $0.04 per share which missed the analyst consensus estimate of $0.46 by 91.3 percent. This is a 180 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $586.22 million which missed the analyst consensus estimate of $1.26 billion by 53.47 percent. This is a 4.16K percent increase over sales of $13.76 million the same period last year.