SomaLogic (NASDAQ:SLGC) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
SomaLogic beat estimated earnings by 18.18%, reporting an EPS of $-0.18 versus an estimate of $-0.22.
Revenue was down $2.60 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 2.14% drop in the share price the next day.
Here’s a look at SomaLogic’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.20 | -0.18 | -0.16 |
| EPS Actual | -0.26 | -0.18 | -0.13 | -0.18 |
| Revenue Estimate | 16.55M | 20.07M | 24.82M | 23.20M |
| Revenue Actual | 18.83M | 41.71M | 14.14M | 22.98M |
To track all earnings releases for SomaLogic visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
