Recap: NeuroPace Q1 Earnings

NeuroPace (NASDAQ:NPCE) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM. Here’s what investors…

NeuroPace (NASDAQ:NPCE) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

NeuroPace beat estimated earnings by 10.87%, reporting an EPS of $-0.41 versus an estimate of $-0.46.

Revenue was up $3.10 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 2.38% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.49 -0.53 -0.44 -0.44
EPS Actual -0.45 -0.48 -0.52 -0.47
Revenue Estimate 12.40M 9.89M 11.08M 10.76M
Revenue Actual 12.79M 11.16M 10.20M 11.37M

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

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

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