Cue Health (NASDAQ:HLTH) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Cue Health beat estimated earnings by 6.67%, reporting an EPS of $-0.42 versus an estimate of $-0.45.
Revenue was down $52.11 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 4.55% drop in the share price the next day.
Here’s a look at Cue Health’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.50 | -0.61 | -0.51 | -0.54 |
| EPS Actual | -0.51 | -0.48 | -0.50 | -0.43 |
| Revenue Estimate | 13.36M | 23.02M | 47.77M | 58.16M |
| Revenue Actual | 9.90M | 24.77M | 146.78M | 69.59M |
To track all earnings releases for Cue Health visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.