Rubicon Technologies (NYSE:RBT) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Rubicon Technologies beat estimated earnings by 31.45%, reporting an EPS of $-0.85 versus an estimate of $-1.24.
Revenue was down $13.73 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.12 which was followed by a 13.56% drop in the share price the next day.
Here’s a look at Rubicon Technologies’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -2.08 | -2.4 | -1.20 | -1.04 |
| EPS Actual | -0.96 | -0.4 | -1.92 | -2.96 |
| Revenue Estimate | 175.78M | 165.19M | 197.48M | 176.81M |
| Revenue Actual | 174.56M | 181.10M | 165.99M | 184.98M |
To track all earnings releases for Rubicon Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
