Recap: ADMA Biologics Q1 Earnings

ADMA Biologics (NASDAQ:ADMA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM. Here’s what…

ADMA Biologics (NASDAQ:ADMA) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

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

Earnings

ADMA Biologics beat estimated earnings by 25.0%, reporting an EPS of $-0.03 versus an estimate of $-0.04.

Revenue was up $27.81 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 6.75% increase in the share price the next day.

Here’s a look at ADMA Biologics’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.06 -0.08 -0.08 -0.08
EPS Actual -0.06 -0.08 -0.07 -0.10
Revenue Estimate 45.93M 34.48M 31.81M 27.69M
Revenue Actual 49.98M 41.09M 33.91M 29.10M

To track all earnings releases for ADMA Biologics visit their earnings calendar here.

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

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