Recap: Snap One Holdings Q1 Earnings

Snap One Holdings (NASDAQ:SNPO) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s…

Snap One Holdings (NASDAQ:SNPO) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

Snap One Holdings beat estimated earnings by 300.0%, reporting an EPS of $0.04 versus an estimate of $0.01.

Revenue was down $25.39 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.91% drop in the share price the next day.

Here’s a look at Snap One Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.11 0.26 0.27 0.09
EPS Actual 0.14 0.20 0.22 0.14
Revenue Estimate 252.88M 303.66M 292.30M 252.19M
Revenue Actual 268.24M 281.23M 296.90M 277.43M

To track all earnings releases for Snap One Holdings visit their earnings calendar here.

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

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