Yield10 Bioscience: Q1 Earnings Insights

Yield10 Bioscience (NASDAQ:YTEN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:02 PM. Here’s what…

Yield10 Bioscience (NASDAQ:YTEN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:02 PM.

Here’s what investors need to know about the announcement.

Earnings

Yield10 Bioscience missed estimated earnings by 20.63%, reporting an EPS of $-0.76 versus an estimate of $-0.63.

Revenue was down $89 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 10.12% drop in the share price the next day.

Here’s a look at Yield10 Bioscience’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.60 -0.65 -0.69 -0.65
EPS Actual -0.67 -0.71 -0.70 -0.68
Revenue Estimate 120K 130K 160K 170K
Revenue Actual 87K 111K 103K 149K

To track all earnings releases for Yield10 Bioscience visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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