Recap: DermTech Q1 Earnings

DermTech (NASDAQ:DMTK) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM. Here’s what investors…

DermTech (NASDAQ:DMTK) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

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

Earnings

DermTech missed estimated earnings by 12.09%, reporting an EPS of $-1.02 versus an estimate of $-0.91.

Revenue was down $241 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 17.37% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.96 -0.95 -1.01 -0.89
EPS Actual -0.93 -0.96 -0.99 -1.01
Revenue Estimate 2.56M 4.97M 4.81M 3.75M
Revenue Actual 2.99M 3.57M 4.23M 3.72M

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

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

Total
0
Shares
Related Posts
Read More

Why Is Home Furnishing Retailer Williams-Sonoma Stock Surging Today?

Williams-Sonoma shares soar as Q1 FY24 earnings surpass expectations. Despite a 6.5% sales decline to $1.66 billion, the company beat EPS estimates with $4.07 compared to $2.70. Gross margin expanded to 48.3%, and operating income surged 62.3% to $323.8 million. CEO Laura Alber emphasizes the company's commitment to growth, customer service, and margin improvement.

WSM