Societal CDMO (NASDAQ:SCTL) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Societal CDMO missed estimated earnings by 20.0%, reporting an EPS of $-0.06 versus an estimate of $-0.05.
Revenue was up $327 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 12.85% drop in the share price the next day.
Here’s a look at Societal CDMO’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.07 | -0.06 | -0.08 | -0.09 |
| EPS Actual | -0.07 | -0.06 | -0.06 | -0.08 |
| Revenue Estimate | 25.24M | 21.43M | 20.32M | 19.42M |
| Revenue Actual | 24.28M | 21.60M | 23.20M | 21.20M |
To track all earnings releases for Societal CDMO visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
