ChromaDex: Q3 Earnings Insights

ChromaDex (NASDAQ:CDXC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:02 PM. Here’s what investors…

ChromaDex (NASDAQ:CDXC) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:02 PM.

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

Earnings

ChromaDex beat estimated earnings by 66.67%, reporting an EPS of $-0.01 versus an estimate of $-0.03.

Revenue was up $2.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.42% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.04 -0.05 -0.02 -0.06
EPS Actual -0.03 -0.03 -0.02 -0.04
Revenue Estimate 19.19M 19.32M 21.14M 18.69M
Revenue Actual 20.32M 22.56M 21.00M 17.06M

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

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

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