Organogenesis Hldgs: Q1 Earnings Insights

Organogenesis Hldgs (NASDAQ:ORGO) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM. Here’s what…

Organogenesis Hldgs (NASDAQ:ORGO) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

Organogenesis Hldgs beat estimated earnings by 50.0%, reporting an EPS of $-0.01 versus an estimate of $-0.02.

Revenue was up $9.53 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 19.3% increase in the share price the next day.

Here’s a look at Organogenesis Hldgs’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.05 0.06 0.08 0.05
EPS Actual 0.07 0.04 0.09 0.01
Revenue Estimate 122.40M 120.85M 120.90M 95.93M
Revenue Actual 115.52M 116.86M 121.40M 98.12M

To track all earnings releases for Organogenesis Hldgs visit their earnings calendar here.

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

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