BioLife Solns: Q3 Earnings Insights

BioLife Solns (NASDAQ:BLFS) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM. Here’s what…

BioLife Solns (NASDAQ:BLFS) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 PM.

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

Earnings

BioLife Solns beat estimated earnings by 13.16%, reporting an EPS of $-0.33 versus an estimate of $-0.38.

Revenue was down $7.42 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 28.71% drop in the share price the next day.

Here’s a look at BioLife Solns’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.20 -0.21 -0.17 -0.17
EPS Actual -0.24 -0.27 -0.19 -0.15
Revenue Estimate 43.86M 42.94M 43.28M 42.06M
Revenue Actual 39.51M 37.70M 44.26M 40.75M

To track all earnings releases for BioLife Solns visit their earnings calendar here.

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

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