Surgalign Holdings (NASDAQ:SRGA) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Surgalign Holdings beat estimated earnings by 61.04%, reporting an EPS of $-0.9 versus an estimate of $-2.31.
Revenue was down $3.86 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.58 which was followed by a 3.61% drop in the share price the next day.
Here’s a look at Surgalign Holdings’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -1.80 | -1.96 | -2.25 | -3 |
| EPS Actual | -1.22 | -1.78 | -1.91 | -2.1 |
| Revenue Estimate | 20.67M | 21.14M | 21.13M | 19.10M |
| Revenue Actual | 20.57M | 20.18M | 20.62M | 20.61M |
To track all earnings releases for Surgalign Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
