Schrodinger (NASDAQ:SDGR) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Schrodinger missed estimated earnings by 129.01%, reporting an EPS of $-0.38 versus an estimate of $1.31.
Revenue was up $16.12 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 13.21% increase in the share price the next day.
Here’s a look at Schrodinger’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.53 | -0.65 | -0.58 | -0.52 |
| EPS Actual | -0.39 | -0.56 | -0.67 | -0.48 |
| Revenue Estimate | 47.43M | 30.84M | 35.48M | 34.57M |
| Revenue Actual | 56.84M | 36.98M | 38.47M | 48.66M |
To track all earnings releases for Schrodinger visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
