Agora (NASDAQ:API) reported its Q2 earnings results on Monday, August 15, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Agora beat estimated earnings by 75.0%, reporting an EPS of $-0.05 versus an estimate of $-0.2.
Revenue was down $1.35 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 19.7% drop in the share price the next day.
Here’s a look at Agora’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.16 | -0.11 | -0.06 |
| EPS Actual | -0.15 | -0.11 | -0.10 | -0.05 |
| Revenue Estimate | 37.00M | 38.07M | 39.89M | 43.27M |
| Revenue Actual | 38.59M | 40.39M | 45.04M | 42.33M |
To track all earnings releases for Agora visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
