Recap: DarioHealth Q1 Earnings

DarioHealth (NASDAQ:DRIO) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:06 AM. Here’s what investors…

DarioHealth (NASDAQ:DRIO) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:06 AM.

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

Earnings

DarioHealth beat estimated earnings by 10.0%, reporting an EPS of $-0.45 versus an estimate of $-0.5.

Revenue was down $993 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14 which was followed by a 9.91% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.65 -0.76 -0.71 -0.96
EPS Actual -0.51 -0.64 -0.74 -0.74
Revenue Estimate 6.29M 6.23M 8.23M 6.87M
Revenue Actual 6.80M 6.61M 6.18M 8.06M

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

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

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