Hyperfine (NASDAQ:HYPR) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Hyperfine missed estimated earnings by 30.77%, reporting an EPS of $-0.17 versus an estimate of $-0.13.
Revenue was up $1.13 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 9.68% drop in the share price the next day.
Here’s a look at Hyperfine’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.22 | -0.26 | -0.27 | -0.21 |
| EPS Actual | -0.19 | -0.19 | -0.33 | -0.34 |
| Revenue Estimate | 2.25M | 1.55M | 1.70M | 1.00M |
| Revenue Actual | 1.42M | 2.35M | 1.53M | 1.51M |
To track all earnings releases for Hyperfine visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
