Bakkt Hldgs (NYSE:BKKT) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Bakkt Hldgs beat estimated earnings by 5.56%, reporting an EPS of $-0.17 versus an estimate of $-0.18.
Revenue was up $500 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.06 which was followed by a 10.66% drop in the share price the next day.
Here’s a look at Bakkt Hldgs’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.18 | -0.12 | -0.19 | |
| EPS Actual | -1.24 | -6.11 | -0.05 | -0.14 |
| Revenue Estimate | 15.88M | 14.10M | 13.99M | 13.70M |
| Revenue Actual | 15.60M | 12.90M | 13.60M | 12.50M |
To track all earnings releases for Bakkt Hldgs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
