Recap: 23andMe Holding Q3 Earnings

23andMe Holding (NASDAQ:ME) reported its Q3 earnings results on Wednesday, February 7, 2024 at 04:05 PM. Here’s what…

23andMe Holding (NASDAQ:ME) reported its Q3 earnings results on Wednesday, February 7, 2024 at 04:05 PM.

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

Earnings

23andMe Holding missed estimated earnings by 14.29%, reporting an EPS of $-0.16 versus an estimate of $-0.14.

Revenue was down $22.19 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 21.96% drop in the share price the next day.

Here’s a look at 23andMe Holding’s past performance:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.14 -0.15 -0.16 -0.19
EPS Actual -0.16 -0.23 -0.14 -0.20
Revenue Estimate 56.80M 56.90M 88.40M 65.90M
Revenue Actual 50.00M 60.86M 92.38M 66.94M

To track all earnings releases for 23andMe Holding visit their earnings calendar here.

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

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