Recap: Castle Biosciences Q1 Earnings

Castle Biosciences (NASDAQ:CSTL) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what…

Castle Biosciences (NASDAQ:CSTL) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

Earnings

Castle Biosciences missed estimated earnings by 23.6%, reporting an EPS of $-1.1 versus an estimate of $-0.89.

Revenue was up $15.19 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 9.21% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.84 -0.88 -0.76 -0.71
EPS Actual -0.78 -0.77 -0.77 -0.97
Revenue Estimate 37.16M 34.75M 28.37M 25.21M
Revenue Actual 38.34M 37.01M 34.84M 26.85M

To track all earnings releases for Castle 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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