OpGen: Q1 Earnings Insights

OpGen (NASDAQ:OPGN) reported its Q1 earnings results on Monday, May 15, 2023 at 04:15 PM. Here’s what investors…

OpGen (NASDAQ:OPGN) reported its Q1 earnings results on Monday, May 15, 2023 at 04:15 PM.

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

Earnings

OpGen missed estimated earnings by 4.17%, reporting an EPS of $-1.25 versus an estimate of $-1.2.

Revenue was up $443 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.87 which was followed by a 13.24% drop in the share price the next day.

Here’s a look at OpGen’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -2 -2.2 -2.8 -3
EPS Actual -3.87 -6 -2.6 -3
Revenue Estimate 600K 1.30M 950K 1.17M
Revenue Actual 721K 448K 967K 469K

To track all earnings releases for OpGen visit their earnings calendar here.

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

Total
0
Shares
Related Posts
Read More

LiveOne Pre-Announces Its Slacker Subsidiary Results; Expected To Deliver Record 6-Months Revenue Of $31.5M And Adj EBITDA Of $9.1M; Raises FY24 Guidance For Slacker’s Revenue To $63M-$66M, With $17M-$19M Of Adj EBITDA

- Raises Full-Year Fiscal 2024 Guidance for Slacker's Revenue to $63-$66M, with $17-$19M of Adjusted EBITDA* - Slacker's Pipeline Expands to 25 Blue Chip Partnerships Potentially Adding New Revenue Streams Across 5 Different Verticals (Automotive, Telco, Member Services, Consumer Electronics and Transportation)

LVO