AquaBounty Techs: Q4 Earnings Insights

AquaBounty Techs (NASDAQ:AQB) reported its Q4 earnings results on Monday, April 1, 2024 at 08:00 AM. Here’s what…

AquaBounty Techs (NASDAQ:AQB) reported its Q4 earnings results on Monday, April 1, 2024 at 08:00 AM.

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

Earnings

AquaBounty Techs missed estimated earnings by -43.0%, reporting an EPS of $-2.19 versus an estimate of $-1.53.

Revenue was up $102 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.4 which was followed by a 10.0% drop in the share price the next day.

Here’s a look at AquaBounty Techs’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -2 -1.6 -1.6 -1.6
EPS Actual -1.6 -1.8 -1.8 -1.6
Revenue Estimate 700K 470K 750K 830K
Revenue Actual 733K 788K 397K 450K

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for AquaBounty Techs visit their earnings calendar here.

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

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