Augmedix: Q1 Earnings Insights

Augmedix (NASDAQ:AUGX) reported its Q1 earnings results on Friday, May 12, 2023 at 07:00 AM. Here’s what investors…

Augmedix (NASDAQ:AUGX) reported its Q1 earnings results on Friday, May 12, 2023 at 07:00 AM.

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

Earnings

Augmedix beat estimated earnings by 6.67%, reporting an EPS of $-0.14 versus an estimate of $-0.15.

Revenue was up $2.64 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.74% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.17 -0.15 -0.15
EPS Actual -0.15 -0.15 -0.20 -0.16
Revenue Estimate 8.51M 7.75M 7.33M 6.91M
Revenue Actual 8.75M 7.86M 7.33M 6.99M

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

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

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