Recap: Akoya Biosciences Q3 Earnings

Akoya Biosciences (NASDAQ:AKYA) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM. Here’s what…

Akoya Biosciences (NASDAQ:AKYA) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

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

Earnings

Akoya Biosciences beat estimated earnings by 29.73%, reporting an EPS of $-0.26 versus an estimate of $-0.37.

Revenue was up $6.36 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 3.01% increase in the share price the next day.

Here’s a look at Akoya Biosciences’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.44 -0.48 -0.43 -0.43
EPS Actual -0.51 -0.49 -0.50 -0.47
Revenue Estimate 22.17M 20.32M 20.58M 17.71M
Revenue Actual 23.52M 21.41M 21.22M 18.85M

To track all earnings releases for Akoya Biosciences visit their earnings calendar here.

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

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