Sonendo (NYSE:SONX) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:06 PM.
Here’s what investors need to know about the announcement.
Earnings
Sonendo missed estimated earnings by 6.67%, reporting an EPS of $-0.16 versus an estimate of $-0.15.
Revenue was up $1.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 7.04% drop in the share price the next day.
Here’s a look at Sonendo’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.21 | -0.42 | -0.56 | -0.56 |
| EPS Actual | -0.12 | -0.47 | -0.57 | -0.59 |
| Revenue Estimate | 11.87M | 9.31M | 10.12M | 8.22M |
| Revenue Actual | 12.23M | 9.85M | 10.55M | 9.03M |
To track all earnings releases for Sonendo visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
