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.