icad (NASDAQ:ICAD) reported its Q1 earnings results on Monday, May 15, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
icad missed estimated earnings by 27.27%, reporting an EPS of $-0.14 versus an estimate of $-0.11.
Revenue was down $1.75 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 5.83% increase in the share price the next day.
Here’s a look at icad’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.14 | -0.13 | -0.11 | -0.12 |
| EPS Actual | -0.12 | -0.15 | -0.12 | -0.14 |
| Revenue Estimate | 6.68M | 8.07M | 8.94M | 7.43M |
| Revenue Actual | 6.49M | 6.36M | 7.58M | 7.52M |
To track all earnings releases for icad visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
