Quipt Home Medical: Q2 Earnings Insights

Quipt Home Medical (NASDAQ:QIPT) reported its Q2 earnings results on Tuesday, May 16, 2023 at 07:30 AM. Here’s…

Quipt Home Medical (NASDAQ:QIPT) reported its Q2 earnings results on Tuesday, May 16, 2023 at 07:30 AM.

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

Earnings

Quipt Home Medical missed estimated earnings by 150.0%, reporting an EPS of $-0.02 versus an estimate of $0.04.

Revenue was up $24.52 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.16% drop in the share price the next day.

Here’s a look at Quipt Home Medical’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.04 0.02 0.03 0.03
EPS Actual 0.01 0.05 0 0.14
Revenue Estimate 42.18M 40.57M 36.37M 34.47M
Revenue Actual 40.80M 40.09M 36.69M 33.60M

To track all earnings releases for Quipt Home Medical visit their earnings calendar here.

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

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