Global E Online: Q1 Earnings Insights

Global E Online (NASDAQ:GLBE) reported its Q1 earnings results on Monday, May 22, 2023 at 07:00 AM. Here’s…

Global E Online (NASDAQ:GLBE) reported its Q1 earnings results on Monday, May 22, 2023 at 07:00 AM.

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

Earnings

Global E Online beat estimated earnings by 10.34%, reporting an EPS of $-0.26 versus an estimate of $-0.29.

Revenue was up $41.31 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 0.85% increase in the share price the next day.

Here’s a look at Global E Online’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.29 -0.30 -0.30
EPS Actual -0.18 -0.41 -0.31 -0.35
Revenue Estimate 138.70M 100.92M 83.46M 74.98M
Revenue Actual 139.87M 105.56M 87.31M 76.32M

To track all earnings releases for Global E Online visit their earnings calendar here.

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

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