Recap: Superior Drilling Prods Q1 Earnings

Superior Drilling Prods (AMEX:SDPI) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:30 AM. Here’s…

Superior Drilling Prods (AMEX:SDPI) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:30 AM.

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

Earnings

Superior Drilling Prods beat estimated earnings by 150.0%, reporting an EPS of $0.05 versus an estimate of $0.02.

Revenue was up $2.15 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 8.93% drop in the share price the next day.

Here’s a look at Superior Drilling Prods’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.02 0.03 0.03 -0.02
EPS Actual 0.01 0.02 0 0.01
Revenue Estimate 5.23M 5.70M 4.13M 3.20M
Revenue Actual 5.25M 5.17M 4.54M 4.13M

To track all earnings releases for Superior Drilling Prods visit their earnings calendar here.

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

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