Recap: Singular Genomics Sys Q3 Earnings

Singular Genomics Sys (NASDAQ:OMIC) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:01 PM. Here’s…

Singular Genomics Sys (NASDAQ:OMIC) reported its Q3 earnings results on Tuesday, November 14, 2023 at 04:01 PM.

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

Earnings

Singular Genomics Sys beat estimated earnings by 18.42%, reporting an EPS of $-0.31 versus an estimate of $-0.38.

Revenue was up $462 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 3.0% drop in the share price the next day.

Here’s a look at Singular Genomics Sys’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.37 -0.35 -0.43 -0.41
EPS Actual -0.35 -0.33 -0.29 -0.33
Revenue Estimate 1.15M 1.24M 760K 70K
Revenue Actual 505K 863K 765K 0

To track all earnings releases for Singular Genomics Sys visit their earnings calendar here.

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

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