Recap: Myriad Genetics Q1 Earnings

Myriad Genetics (NASDAQ:MYGN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM. Here’s what…

Myriad Genetics (NASDAQ:MYGN) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

Earnings

Myriad Genetics missed estimated earnings by 10.53%, reporting an EPS of $-0.21 versus an estimate of $-0.19.

Revenue was up $16.30 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 13.21% increase in the share price the next day.

Here’s a look at Myriad Genetics’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.16 -0.06 0.01 -0.07
EPS Actual -0.12 -0.19 0.04 -0.03
Revenue Estimate 169.46M 170.10M 171.00M 156.62M
Revenue Actual 177.80M 156.40M 179.30M 164.90M

To track all earnings releases for Myriad Genetics visit their earnings calendar here.

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

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