Babylon Holdings: Q1 Earnings Insights

Babylon Holdings (NYSE:BBLN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:01 AM. Here’s what…

Babylon Holdings (NYSE:BBLN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 06:01 AM.

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

Earnings

Babylon Holdings beat estimated earnings by 8.0%, reporting an EPS of $-2.53 versus an estimate of $-2.75.

Revenue was up $44.67 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.08 which was followed by a 18.06% drop in the share price the next day.

Here’s a look at Babylon Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -4.42 -5.25 -5.75 -6.5
EPS Actual -4.50 -5.75 -6.50 -6
Revenue Estimate 290.38M 271.64M 265.72M 234.55M
Revenue Actual 288.96M 288.90M 265.36M 266.45M

To track all earnings releases for Babylon Holdings visit their earnings calendar here.

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

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