CION Invt (NYSE:CION) reported its Q3 earnings results on Thursday, November 9, 2023 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
CION Invt beat estimated earnings by 41.03%, reporting an EPS of $0.55 versus an estimate of $0.39.
Revenue was up $13.38 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 1.92% increase in the share price the next day.
Here’s a look at CION Invt’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.45 | 0.37 | 0.35 | 0.31 |
| EPS Actual | 0.43 | 0.54 | 0.43 | 0.45 |
| Revenue Estimate | 58.65M | 51.74M | 49.39M | 44.42M |
| Revenue Actual | 58.50M | 64.97M | 55.50M | 54.16M |
To track all earnings releases for CION Invt visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
