Recap: ChromaDex Q1 Earnings

ChromaDex (NASDAQ:CDXC) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:02 PM. Here’s what investors…

ChromaDex (NASDAQ:CDXC) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:02 PM.

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

Earnings

ChromaDex beat estimated earnings by 40.0%, reporting an EPS of $-0.03 versus an estimate of $-0.05.

Revenue was up $5.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 10.38% drop in the share price the next day.

Here’s a look at ChromaDex’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.02 -0.06 -0.08 -0.09
EPS Actual -0.02 -0.04 -0.09 -0.11
Revenue Estimate 21.14M 18.69M 18.65M 17.23M
Revenue Actual 21.00M 17.06M 16.73M 17.26M

To track all earnings releases for ChromaDex visit their earnings calendar here.

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

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