Recap: WM Tech Q1 Earnings

WM Tech (NASDAQ:MAPS) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:10 PM. Here’s what…

WM Tech (NASDAQ:MAPS) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:10 PM.

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

Earnings

WM Tech beat estimated earnings by 25.0%, reporting an EPS of $-0.03 versus an estimate of $-0.04.

Revenue was down $9.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $1.06 which was followed by a 11.9% increase in the share price the next day.

Here’s a look at WM Tech’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.13 -0.06 -0.05 -0.04
EPS Actual -1.19 -0.06 0.13 -0.19
Revenue Estimate 47.83M 51.15M 62.00M 55.25M
Revenue Actual 49.28M 50.50M 58.29M 57.45M

To track all earnings releases for WM Tech visit their earnings calendar here.

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

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