Clever Leaves Holdings (NASDAQ:CLVR) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Clever Leaves Holdings beat estimated earnings by 40.0%, reporting an EPS of $-0.09 versus an estimate of $-0.15.
Revenue was down $1.25 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 6.85% drop in the share price the next day.
Here’s a look at Clever Leaves Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.15 | -0.17 | -0.23 | -0.44 |
| EPS Actual | -0.13 | -0.03 | -0.03 | -0.36 |
| Revenue Estimate | 4.15M | 5.50M | 5.55M | 4.38M |
| Revenue Actual | 4.61M | 3.31M | 4.66M | 5.22M |
To track all earnings releases for Clever Leaves Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
