electroCore (NASDAQ:ECOR) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
electroCore missed estimated earnings by 24.0%, reporting an EPS of $-1.24 versus an estimate of $-1.0.
Revenue was up $881 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 9.47% increase in the share price the next day.
Here’s a look at electroCore’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.12 | -1.05 | -1.05 | -1.05 |
| EPS Actual | -1.22 | -1.20 | -1.20 | -1.20 |
| Revenue Estimate | 2.36M | 2.27M | 2.02M | 1.77M |
| Revenue Actual | 2.56M | 1.98M | 2.16M | 1.90M |
To track all earnings releases for electroCore visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
