Amarin Corp (NASDAQ:AMRN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Amarin Corp beat estimated earnings by 166.67%, reporting an EPS of $0.02 versus an estimate of $-0.03.
Revenue was down $8.65 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 5.34% drop in the share price the next day.
Here’s a look at Amarin Corp’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | -0.06 | -0.06 | -0.02 |
| EPS Actual | 0.02 | 0.02 | -0.09 | -0.06 |
| Revenue Estimate | 87.32M | 87.49M | 88.34M | 128.37M |
| Revenue Actual | 90.25M | 89.88M | 94.44M | 94.63M |
To track all earnings releases for Amarin Corp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.