MedAvail Holdings (NASDAQ:MDVL) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
MedAvail Holdings beat estimated earnings by 23.81%, reporting an EPS of $-0.16 versus an estimate of $-0.21.
Revenue was down $8.49 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 14.73% drop in the share price the next day.
Here’s a look at MedAvail Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.15 | -0.26 | -0.36 |
| EPS Actual | -0.14 | -0.15 | -0.17 | -0.40 |
| Revenue Estimate | 10.99M | 11.30M | 9.52M | 8.89M |
| Revenue Actual | 11.35M | 11.46M | 11.18M | 9.11M |
To track all earnings releases for MedAvail Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
