Recap: Performant Finl Q3 Earnings

Performant Finl (NASDAQ:PFMT) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:00 PM. Here’s what…

Performant Finl (NASDAQ:PFMT) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:00 PM.

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

Earnings

Performant Finl beat estimated earnings by 150.0%, reporting an EPS of $0.01 versus an estimate of $-0.02.

Revenue was up $2.78 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.75% drop in the share price the next day.

Here’s a look at Performant Finl’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.04 -0.06 -0.02 -0.03
EPS Actual -0.04 -0.05 0.01 -0.02
Revenue Estimate 26.67M 26.45M 29.90M 26.59M
Revenue Actual 25.48M 25.73M 29.24M 27.18M

To track all earnings releases for Performant Finl visit their earnings calendar here.

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

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