High Tide (NASDAQ:HITI) reported its Q2 earnings results on Wednesday, June 14, 2023 at 04:03 PM.
Here’s what investors need to know about the announcement.
Earnings
High Tide beat estimated earnings by 25.0%, reporting an EPS of $-0.03 versus an estimate of $-0.04.
Revenue was up $23.28 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 1.75% increase in the share price the next day.
Here’s a look at High Tide’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.06 | -0.09 | -0.03 |
| EPS Actual | -0.03 | -0.05 | -0.04 | -0.11 |
| Revenue Estimate | 80.71M | 75.45M | 70.10M | 64.59M |
| Revenue Actual | 87.91M | 81.39M | 74.12M | 63.96M |
To track all earnings releases for High Tide visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
