Recursion Pharmaceuticals: Q3 Earnings Insights

Recursion Pharmaceuticals (NASDAQ:RXRX) reported its Q3 earnings results on Thursday, November 9, 2023 at 07:58 AM. Here’s what…

Recursion Pharmaceuticals (NASDAQ:RXRX) reported its Q3 earnings results on Thursday, November 9, 2023 at 07:58 AM.

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

Earnings

Recursion Pharmaceuticals missed estimated earnings by 13.16%, reporting an EPS of $-0.43 versus an estimate of $-0.38.

Revenue was down $2.63 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 5.02% drop in the share price the next day.

Here’s a look at Recursion Pharmaceuticals’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.37 -0.35 -0.29 -0.38
EPS Actual -0.38 -0.34 -0.31 -0.35
Revenue Estimate 11.91M 14.44M 24.00M 6.97M
Revenue Actual 11.02M 12.13M 13.68M 13.16M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Recursion Pharmaceuticals visit their earnings calendar here.

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

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