Recap: Global E Online Q3 Earnings

Global E Online (NASDAQ:GLBE) reported its Q3 earnings results on Wednesday, November 15, 2023 at 07:00 AM. Here’s…

Global E Online (NASDAQ:GLBE) reported its Q3 earnings results on Wednesday, November 15, 2023 at 07:00 AM.

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

Earnings

Global E Online beat estimated earnings by 13.04%, reporting an EPS of $-0.2 versus an estimate of $-0.23.

Revenue was up $28.05 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 5.26% drop in the share price the next day.

Here’s a look at Global E Online’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.26 -0.29 -0.29 -0.30
EPS Actual -0.22 -0.26 -0.18 -0.41
Revenue Estimate 128.49M 111.65M 138.70M 100.92M
Revenue Actual 133.31M 117.63M 139.87M 105.56M

To track all earnings releases for Global E Online visit their earnings calendar here.

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

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